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OPEC+ Announces Increase in Oil Output by 411,000 Barrels Daily
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OPEC+ Announces Increase in Oil Output by 411 000 Barrels Daily

OPEC+ has decided to increase oil production by 411 000 barrels per day starting in June. This decision is anticipated to further decline crude prices, a trend already set in motion by recent tariff announcements from President Trump. The increase in output comes as part of OPEC+’s ongoing efforts to manage global oil supply effectively....