Oil production hike. OPEC+ countries reached a deal to raise production by a total of 400,000 barrels per day on a monthly basis starting from August and phase out cuts that had previously been agreed to by September 2022. The agreement will add about 2 percent more oil to global supplies by the end of […]
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Daily Memo: OPEC+ Reaches Deal, North Korean Trade Plummets
The group will phase out production cuts by September 2022.
