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The Zhitong Finance App learned that on Sunday, OPEC+ approved another slight increase in crude oil production quotas. At this point, it has completed the established withdrawal arrangement for the 2023 production reduction plan, while retaining the option to drastically increase crude oil supply if the Middle East conflict situation slows down.

Zhitongcaijing·08/03/2026 03:25:03
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The Zhitong Finance App learned that on Sunday, OPEC+ approved another slight increase in crude oil production quotas. At this point, it has completed the established withdrawal arrangement for the 2023 production reduction plan, while retaining the option to drastically increase crude oil supply if the Middle East conflict situation slows down.