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OPEC+ will boost November oil output by 137,000 bpd, matching October's hike

OPEC+ confirmed on Sunday it will raise oil output by 137,000 barrels per day in November, sticking to the same modest monthly increase as October even as warnings of a supply glut build. The coalition of the Organization of the Petroleum Exporting Countries, Russia, and several smaller producers said this decision brings its total output [...]

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