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Expert: OPEC production increase can only offset part of global market
01:19

OPEC, the intergovernmental oil organization, claimed production will increase by this July and August, offering some relief from soaring energy prices and inflation. How will the energy issue develop? Zhang Xin, associate professor at the School of Politics and International Relations at East China Normal University, said that he is not optimistic since increasing OPEC's production of crude oil can only offset part of the global market.

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