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economicAug 2, 2026
OPEC+ agrees to September oil hike, completing rollback of voluntary cuts
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OPEC+ agrees to September oil hike, completing rollback of voluntary cuts
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- currentsapi-gapfill(Mixed)By Reuters
OPEC+ approved an oil production quota increase on Sunday of around 188,000 barrels per day from September, the producer group said, in a move that completes the unwinding of a layer of voluntary output cuts. Due to export disruptions from the Gulf, Russia and Kazakhstan caused b…
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