OPEC+ considers options for releasing more oil to market

OPEC+ is considering going beyond its existing deal to boost production by 400,000 barrels per day when it meets next week, sources said, at a time when oil prices are near a three-year high and consumers are pressing for more supply, Report informs, referring to Reuters.

The nearest month any increase could occur is November since OPEC+'s last meeting decided the October volumes.

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