OPEC+ meets on July 6, the cartel is expected to hike August output by 411,000 bpd.
Russian Deputy Prime Minister Alexander Novak says the decision will be made on the day:
The group has been steadily adding back oil output since April:
monthly increases of 411,000 bpdchipping away at unwinding 2.2 million barrels per day of voluntary cuts This article was written by Eamonn Sheridan at www.forexlive.com. Read More Details
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