OPEC+ Discusses Possible Delay to Oil Output Hike
Increase of 180,000 Barrels a Day Is Scheduled for October
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OPEC+ is discussing a possible delay to an oil output increase planned for October, delegates said, after prices crashed to the lowest since last year.
The group led by Saudi Arabia and Russia is reconsidering whether to proceed with the scheduled hike of 180,000 barrels a day, according to officials involved in the talks, asking not to be identified as the discussions are private.
Oil prices edged higher on the news.
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