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Oil Prices Surge as OPEC+ Sticks to Production Plan

Oil Prices Surge as OPEC+ Sticks to Production Plan

BUSINESS - 6/2/2025

Oil prices saw a significant rebound after OPEC+ announced a production increase of 411,000 barrels per day for July, easing concerns of a larger hike. Analysts weigh in on market reactions and future expectations.

OPEC+ Defies Russia: Historic Oil Output Surge Continues

OPEC+ Defies Russia: Historic Oil Output Surge Continues

BUSINESS - 5/31/2025

In a surprising decision, OPEC+ has agreed to increase oil production for the third consecutive month, despite Russia's concerns. This move could drastically reshape the global oil market.

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