ReferIndia News OPEC+ Considers Oil Output Boost as Global Market Awaits Decision

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OPEC+ Considers Oil Output Boost as Global Market Awaits Decision

Published on: Aug. 1, 2025, 6 p.m. | Source: Devdiscourse

OPEC+ is poised to approve another increase in oil output, with discussions ongoing about the final volume for September. The group, which provides half of the world's oil, has shifted its production strategy this year to reclaim market share amid pressure from U.S. President Donald Trump.

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