OPEC+ Announces Larger August Oil Output Increase
TL;DR Summary
OPEC+ has agreed to increase oil output, prompting traders to anticipate a potential decrease in oil prices, amid ongoing market analysis and economic considerations.
- Oil News: OPEC+ Agrees to Larger Output Hike, Traders Watch for Potential Price Drop FXEmpire
- OPEC+ members agree to larger-than-expected oil production hike in August CNBC
- OPEC+ to Increase Output by 548,000 Barrels a Day in August. What it Means for Oil Markets. Barron's
- OPEC Plus Agrees to Pump More Oil in August The New York Times
- OPEC+ Will Boost Supply Even Faster With Larger August Hike Bloomberg.com
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