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OPEC Boosted Output Last Month Even as Some Members Left Behind - Bloomberg

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OPEC boosted crude production last month as it continued the revival of supplies halted during the pandemic, but some members struggled to keep up.

The Organization of Petroleum Exporting Countries lifted output by 290,000 barrels a day, slightly more than stipulated by its road map for restoring output, according to a Bloomberg survey. Saudi Arabia and Iraq were the main drivers of the increase. 

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OPEC Boosted Output Last Month Even as Some Members Left Behind - Bloomberg
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