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HomeBusinessOPEC+ raises oil output quotas for ‘stability’ after shock UAE pull-out

OPEC+ raises oil output quotas for ‘stability’ after shock UAE pull-out

Saudi Arabia, Russia and five other OPEC+ countries increased their oil production quota on Sunday in an expected move aimed at demonstrating continuity at the cartel after the shock withdrawal of the United Arab Emirates. The seven major producers will add 188, 000 barrels per day to their total production quota for June amid the price

Read full story on Daily Times – Latest Pakistan News, World, Busines

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