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OPEC+ Accelerates August Supply Increase to 548,000 bpd as Oil Prices Hold in High-$60s

Tight inventories have absorbed OPEC+’s accelerated output increase, with geopolitical risks plus looming US tariffs underpinning oil prices.

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Shell Sees Trading Profits Slide, Lowers Q2 Gas, LNG and Oil Guidance

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OPEC+ Approves Unprecedented 548,000 BPD August Output Hike

Saudi Aramco Explores Sale of Up to Five Gas-Fired Power Plants to Raise $4 Billion

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