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OPEC+ Agrees in Principle to 548k B/D Hike in Sept.: Delegate

OPEC+ Agrees in Principle to 548k B/D Hike in Sept.: Delegate

Bloomberg2 days ago
OPEC+ members have agreed in principle to make another bumper oil production increase of about 548,000 barrels a day for September, according to a delegate.
The move would complete the current tranche of supply revival a year early as the group moves to reclaim its share of global crude markets.
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