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OPEC+ boosts oil output by 548,000 barrels per day for august

OPEC+ has agreed to raise oil production by 548,000 barrels per day (bpd) in August, accelerating its output hike plan as global markets remain tight. The move follows recent geopolitical tensions and reflects efforts to stabilize fuel prices amid increased global demand. This is the largest monthly hike so far this year, up from 411,000 […]


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