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OPEC+ sticks to policy of unwinding output cuts

OPEC+ sticks to policy of unwinding output cuts

OPEC+ ministers have decided to keep the current oil output policy unchanged, with plans to reduce cuts from October. They also mentioned that these cuts could be paused or reversed if market conditions require it. Recent fluctuations in oil prices have been influenced by demand uncertainties and Middle East tensions, with a policy review expected soon.

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