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OPEC+ to hike production to nearly 650,000bopd to offset falling Russian output

Both oil benchmarks close the day up

Tim Daiss
OPEC+ to hike production to nearly 650,000bopd to offset falling Russian output

  The group will increase production to 648,000 bopd in both July and August, bringing forward the end of the historic output cuts OPEC+ implemented during the throes of Covid pandemic in 2020.   ...

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