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OPEC+ set to continue oil output hike in May
Oil
OPEC+ is going to continued with the planned scheduled of bringing barrels back online, according to 3 sources cited by Reuters.
The plan is to slowly return 2.2 mbpd of voluntary cuts over this year and next. Ahead of the report, WTI crude was trading up 59-cents to $68.86.
Source: Forex Live
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