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Oil slips after OPEC+ agrees to raise output targets

Oil fell on Monday after OPEC+ agreed to further increase output targets from August while exports from key producers via the Strait are recovering, potentially adding to global supplies.

Oil slips after OPEC+ agrees to raise output targets

Published July 6, 2026 · Category: Finance

Overview

Oil fell on Monday after OPEC+ agreed to further increase output targets from August while exports from key producers via the Strait are recovering, potentially adding to global supplies.

Source

Originally published at www.cnbc.com.

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