Sunday, July 6, 2025

OPEC+ oil output: Group to raise supply by 548,000 bpd in August; cites strong demand, low inventories

OPEC+ nations, led by Saudi Arabia and Russia, will boost crude output by 548,000 barrels per day in August. This decision accelerates the rollback of voluntary cuts due to a stabilizing global economy and robust market conditions.

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2DUvyG5

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