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News 2026-07-05 11:03 UTC

OPEC+ to Reportedly Raise Crude Output Quotas in August

() -- The members of the Organization of the Petroleum Exporting Countries and other oil-producing countries, or OPEC+, will reportedly increase the crude oil output quotas at its meeting on Sunday, Bloomberg News reported the same day, citing group delegates. The sources said that the group is said to be hiking the ta