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OPEC+ to accelerate oil output increases, Reuters reports

OPEC+ will accelerate oil output increases and could bring back to the market up to 2.2 million barrels per day by November, Reuters’ Olesya Astakhova and Ahmad Ghaddar report, citing five OPEC+ sources. Publicly traded companies in the space include BP (BP), Chevron (CVX), ConocoPhillips (COP), Exxon Mobil (XOM), Shell (SHEL) and TotalEnergies (TTE).

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