A post by @FirstSquawk on X.
OPEC+ CRUDE OUTPUT CLIMBS TO 41.23 MILLION BPD DESPITE MIDDLE EAST DISRUPTION
@FirstSquawk on X
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OPEC+ crude output rose to 41.23 million barrels per day despite ongoing Middle East disruption, according to a First Squawk report. The increase signals that the group is continuing to lift supply even as regional tensions threaten production and shipping routes. The figure matters because it suggests the alliance is prioritizing volume over price support at a time when geopolitical risk remains elevated. Traders will watch whether the higher output is sustained and whether Middle East disruptions begin to erode the group's production gains.
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Named in this story
OPEC+, Middle East