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Source:
المشهد العربي
OPEC increases July output
OPEC's production increased by 1.17 million barrels per day in July, reaching 19.85 million barrels, as member countries restored supplies that had been halted due to the Middle East war and the closure of the Strait of Hormuz. This followed an agreement among seven members of the "OPEC+" alliance to raise the production ceiling, although the conflict prevented the full implementation of the increase.
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