OPEC+ Boosts Oil Output
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Oil pricesReuters
•Business
Business & Economics
Oil rebounds after OPEC+ sticks to same output hike in July vs June

77% Informative
OPEC+ decided to increase output in July by the same amount as it did in each of the prior two months .
The group known as OPEC+ looks to wrestle back market share and punish over-producers.
Oil traders said the decision for a 411,000 -bpd output hike has already been priced into Brent and WTI futures.
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