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OPEC agrees to increase oil production by 1- mln barrels per day from July 1

Organization of the Petroleum Exporting Countries (OPEC) has agreed to raise oil production by around one million barrels per day from next month. According to the OPEC official, the real increase will be smaller because several countries that recently underproduced oil will struggle to return to full quotas while other producers will not be allowed to fill the gap

Source: Radio Pakistan

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