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OPEC agrees to increase oil production in 2023.
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OPEC and its allies agreed to increase oil production by 100,000 barrels per day. However, some analysts say the amount is lower than what U.S. President Joe Biden sought. Biden visited Saudi Arabia to ask OPEC's leading oil producer to pump more to help the United States and the global economy. Abhi Rajendran, Director of Energy Intelligence Research speaks to CGTN on OPEC’s output decision.
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