Oil producers group OPEC+ announced a complete unwinding of its members’ “voluntary” production cuts with effect from September, following its latest meeting on Sunday.

Oil producers group OPEC+ announced a complete unwinding of its members’ “voluntary” production cuts with effect from September, following its latest meeting on Sunday.

OPEC+ continues to raise oil production by 188,000 bpd in September-

OPEC+ approved an oil production increase of 188,000 barrels daily for September. This move completes the unwinding of voluntary output cuts made earlier. The group is reviewing…