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The report highlighted the ongoing structural and financial reforms in the country

Brent crude oil futures for August delivery rose 0.2 percent to $79.77 per barrel

Revival of projects in the energy sector key to the country’s development

This represents an increase of 145,000 bpd from April

Global upstream oil and gas capital expenditure is expected to grow by $24 billion this year

Brent crude futures for August delivery rose 0.5 percent to $78.80 per barrel

Brent crude futures for August delivery fell 0.1 percent to $77.44 a barrel

Brent oil futures for August delivery fell 0.4 percent to $78.05 per barrel

Brent oil futures expiring in August gained 0.3 percent to $81.33 per barrel

This extension builds upon previously agreed reductions of 3.66 million barrels per day announced in 2022 and 2023

Brent oil futures expiring in July dropped 0.3 percent to $81.61 per barrel

Brent oil futures for July delivery held steady at $83.61 per barrel