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2 results for “Barrels per day”
OPEC+ Approves Additional Oil Production Boost Starting August
Stocks Market
•July 5th, 2026

OPEC+ Approves Additional Oil Production Boost Starting August

The OPEC+ group announced on Sunday that it will raise its collective oil‑output target by another 188,000 barrels per day beginning in August. The move builds on the June‑July hikes and aims to revive global supply after the partial reopening of the Strait of Hormuz caused oil prices to slide.

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