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Oil and Gas SectorWorld oil supply is expected to closely match demand next year as the wider OPEC+ group increases production, an OPEC report showed on Monday, marking a change from last month's outlook, which projected a supply shortfall in 2026.
OPEC+ is adding more crude to the market after the Organisation of the Petroleum Exporting Countries, Russia and other allies opted to unwind some output cuts more rapidly than previously planned. The additional supply…See the Story
OPEC Points to Smaller Supply Deficit
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