OPEC meeting ends without making any policy decisions

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OPEC meeting ends without making any policy decisions, according to a delegate, Reuters is reporting.

At its last meeting in early June OPEC+ decided to speed up production cuts and to raise output each month by 648,000 barrels per day in July and August, up from earlier increases of 432,000 bpd.

OPEC+ consists of OPEC and allies such as Russia.

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