OPEC+ Nears Decision Point on Next Oil Output Hike

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OPEC+ is inching toward a pivotal decision this weekend: whether to greenlight another 548,000 bpd in production hikes for September, effectively fast-tracking the return of 2.2 million bpd in voluntary cuts a year ahead of schedule.                                        The Joint Ministerial Monitoring Committee (JMMC) already met last week and stopped…