OPEC+ Countries Agree in Principle to Raise June Oil Output by About 188,000 Barrels Per Day

Seven OPEC+ countries have agreed in principle to raise their June oil production quotas by about 188,000 barrels per day, according to Reuters, which cited two sources in a report carried by Jinshi. The proposed increase points to a modest supply adjustment by the producer group, whose quota decisions are closely watched across global commodity and risk markets because they can influence inflation expectations, energy prices, and broader investor sentiment.

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