OPEC+ may need to lift its oil output given signs China's reopening could deliver a strong boost to demand, IEA chief says

• OPEC+ may need to lift oil output as Chinese demand is shaping up for a strong comeback, the IEA's chief said. 
• The Paris-based IEA expects half of this year's global oil demand growth to come from China, he said.
• There are already signs Chinese oil demand is recovering as Beijing eases COVID-19 curbs, Birol said. 

The OPEC+ alliance of leading oil producers may need to lift its oil output given China's reopening is shaping up to deliver a strong boost in demand, according to the head of the International Energy Agency.