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    OPEC+ raises output levels again despite tumbling crude prices

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Home Market Overview Crude Oil Prices

OPEC+ raises output levels again despite tumbling crude prices

OPEC+ raises output levels again despite tumbling crude prices
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Major oil producers on Sunday agreed once again to modestly increase their crude production, although, as in previous months, the hike is largely symbolic until a peace deal between the U.S. and Iran sticks and the Strait of Hormuz is fully reopened to shipping traffic.

Source: Original Article

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