OPEC+ HAS AGREED TO INCREASE OIL PRODUCTION QUOTAS BY 188,000 BPD FOR SEPTEMBER, WITH SAUDI ARABIA, RUSSIA, IRAQ, KUWAIT, KAZAKHSTAN, ALGERIA AND OMAN TWEAKING OUTPUT AND CONFIRMING THEIR COMMITMENT

TO MARKET STABILITY, THOUGH THE STATEMENT EXCLUDES POLICY BEYOND SEPTEMBER 2026, WITH THE NEXT MEETING SCHEDULED FOR SEPTEMBER 6.

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