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Reuters

Reuters

Business

Business & Economics

Analysis-Record OPEC+ fuel exports blunt group's crude supply cut

Reuters
Summary
Nutrition label

81% Informative

OPEC+ has exported a record amount of refined products, blunting the impact of group's crude output curbs.

Seaborne fuel exports from Gulf OPEC+ members Iraq , Kuwait , Oman , Saudi Arabia and the United Arab Emirates hit at an all-time high in 2024 of 5.51 million barrels per day.

OPEC+ countries have been able to refine more after they invested billions of dollars in their downstream oil industries over the last decade .

VR Score

91

Informative language

95

Neutral language

92

Article tone

formal

Language

English

Language complexity

56

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

External references

no external sources

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