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OPEC+ reaches production agreement

Output to increase by 500,000bpd in January

Mark Tilly
OPEC+ reaches production agreement

Production restraint is set at 7.2MMbopd, compared to the the fourth quarter 2020  level of 7.7MMbopd.  The 500,000bopd output raise was far below the 2MMbopd initially agreed, however future output...

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