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OPEC+ Agrees in Principle to Another Bumper Supply Increase

Markets

Grant Smith, Salma El Wardany, Fiona MacDonald, Nayla Razzouk

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August 2, 2025

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Bloomberg

OPEC+ has agreed in principle on another bumper oil production increase for September, according to a delegate, completing the revival of a halted supply tranche as the group moves to reclaim global market share.

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