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S03 Ep22 Energy Market Update: OPEC+ has agreed another production increase

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OPEC+ has agreed to increase production, setting July's output at 410 kb/d above June and 822 kb/d above the original target. Despite these increases, oil prices rose, likely due to geopolitical tensions, including strikes on Russian airfields that may affect production.

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2 Jun 2025 English South Africa Business

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