OPEC+ will increase oil output production more than expected: +548,000 (+411,000 expected) | Forexlive
OPEC+ will raise oil production by 548,000 barrels per day in August. This is faster than expected. OPEC+ had previously announced increases of 411,000 barrels per day for each month of May, June and July, and this was the increase expected to be announced at Saturday’s meeting. OPEC+ cited: steady global economic outlook current healthy…