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OPEC+ joint technical committee, which advises the group’s oil ministers, plans to hold its next meeting on Aug. 31, Reuters reported, citing two sources.
A ministerial meeting of the Organization of the Petroleum Exporting Countries and its allies (OPEC+) will be held the next day, to evaluate the current supply deal.
Earlier this month, OPEC+ agreed to increase supply by 400,000 barrels per day (bpd) from August, leading to an increase in production by about 2 million bpd by the end of the year.
