OPEC+ to increase oil output in move to recover market share

Hallmarknews | 04-08-2025 01:30am |

Saudi Arabia, Russia and six other key members of the OPEC+ alliance are expected to further hike oil production in a meeting Sunday, a bid analysts say is geared towards regaining market share amid resilient crude prices. The anticipated output increase by the group of eight oil-producing countries known as the “Voluntary Eight” (V8), would

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