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OPEC+ agrees to significant oil output increases in July

Xinhua | Updated: 2022-06-02 22:22

VIENNA -- The Organization of the Petroleum Exporting Countries (OPEC) and its allies, a group known as OPEC+, on Thursday agreed to significant oil output increases in July.

The alliance of major oil producers agreed to increase oil production by 648,000 barrels per day in July, higher than its previous monthly increases of 432,000 barrels per day.

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