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Wires: OPEC+ Say No Need To Boost Production After US Statement

OPEC

Wires reporting that according to 4 OPEC+ sources, the bloc has stated that there is no need to increase oil production beyond the levels agreed to in recent ministerial meetings.

  • Comes after a statement earlier in the month from US National Security Advisor Jake Sullivan that called on OPEC+ to boost production beyond the planned increases already factored in between September 2021 and August 2022.

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