Categories: Economy

OPEC+ to additional velocity up oil output hikes, three sources say


LONDON (Reuters) -OPEC+ plans to additional speed up oil output hikes and probably unwind 2.2 million barrel per day of voluntary cuts by October 2025 if members of the group do not enhance compliance with their manufacturing quotas, three OPEC+ sources stated.

(Reporting by Ahmad Ghaddar and Olesya AstakhovaWriting by Dmitry ZhdannikovEditing by Frances Kerry)

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