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Saudi Arabia wants OPEC+ to speed up next oil production boost

Saudi Arabia wants OPEC+ to speed up next oil production boost

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By Adam Button
3 hours ago
  • Saudis want to continue to open the taps
Crude oil

Oil prices are dropping after a report from Bloomberg saying that Saudi Arabia wants OPEC+ to boost output at the September meeting. Given that and softening US economic data and it's a bad mix for oil, which could have a 5-handle soon.

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