OPEC+ Set to Increase Oil Output Target by 188,000 Barrels Per Day Starting July, CNBC Reports

According to CNBC citing three OPEC+ officials, the seven core member states of OPEC+ are likely to approve an increase of approximately 188,000 barrels per day to their oil production target beginning in July, matching the production increase announced for June. The decision is expected to be finalized on Sunday, marking the fourth production target increase in just a few months.
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