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Commodities

Opec agrees in principle to boost oil output targets by 188,000 bpd from September, then pause for four months, source with knowledge of talks

StockNow breaking-news AI analysis

OPEC+ will raise September output by 188,000 bpd before a 4-month pause. Geopolitical tensions and internal quota disputes create supply risks, potentially driving oil toward $120/bbl.

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