WIRE — OPEC+ announced on Sunday that it will raise its production targets again in August, increasing global supply at a moment when oil prices are already easing due to the gradual reopening of the Strait of Hormuz for oil shipments. During an online meeting, the group approved an additional 188,000 barrels per day of output for The post OPEC+ to lift output again as Hormuz reopens, oil prices ease appeared first on Egyptian Gazette.
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