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Thursday, August 04, 2022

OPEC+: CP Mohammad's motive behind 100,000 bpd increasenote

OPEC+ agreed during its 31st Ministerial Meeting yesterday (3/8/2022) to raise output by 100,000 barrels per day (bpd) from September 2022.

Saudi Crown Prince Mohammad Bin Salman Bin Abdulaziz believes this solution should satisfy the U.S., but he is unconcerned if Washington is pleased or not.

Tactical Report has prepared a 183-word report to shed more light on this subject.


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