OPEC+ pumps harder as Hormuz reopens

Capital Brief·3d ago

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OPEC+ has increased oil production as the Strait of Hormuz reopens, which is expected to boost supply. This move may lead to a decrease in crude prices. The exact output increase is unclear, with one report suggesting an additional 188,000 barrels per day.

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OPEC+ pumps harder as Hormuz reopens

Full coverage

OPEC+ pumps more oil as Hormuz reopens. Here's why crude prices are falling

OPEC+ approves another output increase as Hormuz reopening boosts supply outlook

OPEC+ Eyes Further 188,000bpd Output Hike as Strait of Hormuz Gradually Reopens

Trump's phone call to FIFA chief clears Balogun for Belgium World Cup clash

At least 8 wounded after a masked gunman opens fire at a July 4 barbecue in Brooklyn; shooter at large

Trump expects Nato allies to spend more — or face consequences. Here's what it means

OPEC shake-up throws oil prices major curveball

Globe at a glance: From the Lalique Museum heist to Neymar's retirement