OPEC+ has approved a 188,000 barrels per day production hike for September, marking the completion of voluntary output cut rollbacks amid ongoing global export disruptions.
This marks the completion of a phased rollback of voluntary output cuts introduced in 2023
Aug 03, 2026
10:42 am
What's the storyOPEC+ has approved an increase in oil production quotas by some 188,000 barrels per day (bpd) for September.
The decision was taken by core OPEC+ members Saudi Arabia, Russia, Iraq, Kuwait, Algeria, Kazakhstan, and Oman.
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OPEC+ boosts September production by 188,000 barrels/day
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OPEC+ boosts September production by 188,000 barrels per day
