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OPEC+ considers raising oil output by 550,000 bpd in August, sources say

ReutersJul 5, 2025 6:50 AM

- OPEC+ will consider raising oil output by around 550,000 barrels per day in August at its meeting on Saturday, up from the monthly increases of 411,000 bpd it approved for May, June and July, two sources familiar with the discussions said.

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