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OPEC+ set to raise oil output by 188,000 Bpd as Hormuz trade resumes

Sunday, July 5, 2026 - 22:29
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OPEC+ set to raise oil output by 188,000 Bpd as Hormuz trade resumes
Seven major nations led by Saudi Arabia and Russia will add 188,000 barrels a day to their output target. It would be in keeping with the group’s plan to finish reversing output curbs made a few years ago

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