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Oil prices fluctuate despite supply boost by OPEC+

Crude Oil Futures

Starting in April, the cartel will boost output by 138,000 barrels per day (bpd)the first such increase since 2022. per barrel, respectively. In China, meanwhile, the National Bureau of Statistics of China, reported that its manufacturing PMI has risen above 50% threshold in February, indicating a growth in manufacturing sector.

Oil 40