OPEC+ agrees raise oil production by 137,000 bpd in November

Oct 5 (Reuters) – Eight OPEC+ countries agreed on Sunday to raise oil production by 137,000 barrels per day (BPD) in November, the group said in a statement. OPEC+ has reversed its strategy of output cuts from April to boost market share and in response to pressure from U.S. President Donald Trump, seeking lower oil prices. (Reporting by Ahmed Tolba in Cairo Editing by David Goodman )

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