Quartz·1 min read·medium
OPEC+ is raising oil output for a sixth straight month, completing its 2023 cut rollback
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OPEC+ has approved a 188,000 barrel-per-day increase in oil production for September. This move marks the sixth consecutive month of output increases, concluding the reversal of 2023 voluntary production cuts.
Seven core OPEC+ members approved a 188,000 barrel-per-day increase for September, finishing the phased reversal of 1.65 million bpd in voluntary cuts
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