OPEC+ Focuses on Increasing Oil Output by 400,000 bpd/Month

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OPEC+ will likely stick to their policy of increasing oil production by 400,000 barrels per day (bpd) per month, Reuters reported, citing four sources.
OPEC+ experts revised the 2022 oil demand growth forecast to 4.2 million bpd, according to two sources.
OPEC and its allies will meet today, Sept. 1, in order to discuss a previously agreed increase in production by 400,000 bpd over the next several months.