The path of retaking market share goes through a lower price
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The path of retaking market share goes through a lower price

OPEC+ on Sunday decided to lift production caps by an additional 137 kb/d in October.

Thereby starting to unwind the last tranche of voluntary cuts of 1. 66 mb/d.

It will unwind this last tranche gradually until the end of 2026 depending on market conditions it said.

Brent closed on Friday at USD 65.

5/b.

The market is.

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