• OPEC+ agrees to raise output by 648K BPD in July and again in August

Market news

2 June 2022

OPEC+ agrees to raise output by 648K BPD in July and again in August

OPEC+ nations agreed on Thursday to lift output by 648K barrels per day (BPD) in both July and August, according to sources speaking to Reuters, in line with the recommendation made by the group's Joint Ministerial Monitoring Committee earlier in the day. 

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