OPEC+ will keep its oil production targets unchanged after completing the reversal of its 1.65 million barrels per day supply cuts from 2023 by September, according to the input.
The decision comes as tensions linked to the Iran war have curbed supply from the Gulf region, supporting market stability concerns.
The move means the group has fully unwound the earlier production cuts, with no additional target changes indicated in the available information.
Source / Attribution: NDTV Profit
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