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What is OPEC+ and how does it affect oil prices?

OPEC Headquarters The Organization of the Petroleum Exporting Countries (OPEC) and allies including Russia are known collectively as OPEC+ and will meet on June 2 to discuss their joint oil production policy. Below are key facts about OPEC+ and its role: WHAT ARE OPEC AND OPEC+? OPEC was founded in 1960 in Baghdad by Iraq, Iran,

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