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of <h1>Oil Prices Drop as OPEC+ Boosts Production by 411,000 Barrels, Markets Respond to Global Economic Signals</h1> Global oil prices declined as OPEC+ announced plans to increase output by 411,000 barrels per day starting June 1. Stock markets were mixed during holiday trading, with limited activity in Asia and Europe. US market futures showed slight losses. The oil price drop was attributed to potential US policy influences and global economic considerations. Trading volumes were thin due to holiday closures in multiple markets.
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