EVEN as the battle against COVID-19 continues, OPEC+ faces another uncertainty -- heightened supply security risks in its member countries Libya, Nigeria and Iraq and no sign of an Iran nuclear deal.
Add to that the shutdown of nearly 1.75 million b/d of crude oil production in the US Gulf of Mexico due to Hurricane Ida, and one can imagine the group flitting between reports on weather, geopolitics and demand-supply dynamics when it meets on September 1 to decide output policy.
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