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2 June 2025 07:38  |

OPEC+ agrees on third oil output hike, may be larger than 411,000 bpd

The Organization of the Petroleum Exporting Countries and its allies (OPEC+) agreed to surge oil output for the third month in a row. An increase in oil output for July that may be larger than the 411,000 barrels per day (bpd) increases it made for May and June, per Reuters. 

Source: Reuters

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