OPEC+ makes another large oil output hike in market share push
George Mihalcea
Oil & gas Investing Corporate news Russia See all topics Facebook Tweet Email Link Link Copied! Follow OPEC+ agreed on Sunday to raise oil production by 547,000 barrels per day for September, the latest in a series of accelerated output hikes to regain market share, as concerns mount over potential supply disruptions linked to Russia. The move marks a full and early reversal of OPEC+’s largest tranche of output cuts plus a separate increase in output for the United Arab Emirates amounting to
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