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OPEC+ considering accelerated oil output increase for June, Reuters says

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Several OPEC+ members will suggest that the group accelerates oil output increases for a second consecutive month in June, three sources familiar with OPEC+ talks told Reuters. The decision comes against a backdrop of a dispute between members over compliance with production quotas, the publication says. Publicly traded companies in the space include BP (BP), Chevron (CVX), ConocoPhillips (COP), Exxon Mobil (XOM), Shell (SHEL) and TotalEnergies (TTE).

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