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OPEC+ to raise July output

OPEC+ to raise July output

The OPEC+ coalition has decided to increase oil production quotas by 188,000 barrels per day for July, amidst ongoing tensions in the Middle East. This move is part of the alliance's efforts to maintain stability in the oil market, although its impact may be limited. The price of a barrel of Kuwaiti oil has been ranging between $103.82 and $107.95 over the past two days.

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