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OPEC+ Plans June Output Increase Amid Ongoing Supply Disruptions
May 3, 2026
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OPEC+ has reached a preliminary agreement to raise its oil production targets for June, according to sources familiar with the group’s deliberations, cited by Reuters. However, the planned increase is expected to have a limited impact in practice as the ongoing US -Iran conflict continues to disrupt crude flows from the Gulf. Seven key OPEC+ [] The post OPEC+ Plans June Output Increase Amid Ongoing Supply Disruptions first appeared on Egypt Oil Gas.
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