A 3D-printed oil pump jack is seen in front of displayed OPEC logo in this illustration picture, April 14, 2020.
REUTERS/Dado Ruvic/File PhotoDUBAI, June 22 (Reuters) - OPEC+ is discussing a further easing of oil output cuts from August as oil prices rise on demand recovery, but no decision had been taken yet on the exact volume to bring back to the market, two OPEC+ sources said on Tuesday.
The talks mean that OPEC and Russia are likely to find common ground again on oil production policy.
Moscow has been insisting on raising output further to avoid prices spiking, while key OPEC producers, such as Saudi Arabia, have given no signals on the next step until now.
Crude oil prices retreated on Tuesday, after Brent rose above $75 a barrel for the first time since April 2019 and as OPEC+ begins discussions on raising oil production, but a strong demand outlook underpinned prices.
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