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OPEC+ could discuss 2027 baselines, July hike this week, Reuters reports

OPEC+ may discuss issues around its baselines for 2027 production at its Wednesday meeting, while separate talks due on Saturday could agree on a further accelerated oil output hike for July, Reuters’ Olesya Astakhova, Ahmad Ghaddar and Alex Lawler report, citing two delegates from the group. Publicly traded oil majors include BP (BP), Chevron (CVX), ConocoPhillips (COP), Exxon Mobil (XOM), Shell (SHEL) and TotalEnergies (TTE).

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