Can the Oil Market Take up OPEC+ Output Hikes?

Can the Oil Market Take up OPEC+ Output Hikes?

OPEC+ never fails to surprise speculators and market analysts. This weekend’s meeting to own August production levels was anticipated to be a rapid routine video name to squawk one other output hike of 411,000 barrels per day (bpd).   Short it was, however the size of the rise for August was greater than anticipated— 548,000 bpd…
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