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OPEC+ Agree To Boost Oil Output. It May Not Reflect In Market Soon.

Oil Output
International Business Times Fews App News Provider
Fews App Post Time há 6h

Close up image of a smartphone displaying an oil symbol in front of financial market charts illustrating the rise in global oil prices linked to tensions between Iran and the United States. Imen Ben Youssef / Hans Lucas / AFP via Getty Images Oil production quota will increase from September amid the supply disruptions spurred by the Middle East and the Russia-Ukraine conflicts. The OPEC+ on Sunday agreed to increase the output to around 188,000 barrels per day, according to a Reuters report.

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