The compensation period will be extended until the end of December 2026
Seven OPEC+ nations will increase daily oil production by 188,000 barrels in July, partially reversing April 2023 voluntary cuts. Lower energy costs improve data center and cloud infrastructure economics, easing capex pressure on enterprise tech budgets.
Paesi confermano flessibilità, prossima riunione il 5 luglio
The next meeting will be held on July 5
RIYADH: Seven OPEC+ member countries — Saudi Arabia, Russia, Iraq, Kuwait, Kazakhstan, Algeria, and Oman — will raise oil output targets by 188,000 barrels per day in July, the group said in a statement after a…
OPEC+ agreed to raise oil production quotas by 188,000 barrels per day in July 2026, but analysts say Strait of Hormuz disruptions make the increase
OPEC+ has agreed to increase oil production quotas by 188,000 barrels per day in July, with ministers from Saudi Arabia, Russia, Iraq, Kuwait, Kazakhstan, Algeria and Oman approving the move during a virtual meeting.
Seven OPEC+ nations will boost oil production by 188,000 barrels per day in July 2026, marking a second consecutive monthly increase. This decision follows a similar adjustment for June, as the group gradually eases…
The Organisation of Petroleum Exporting Countries and its allies, also known as OPEC+, has approved the fourth oil output increase since the Hormuz closure crisis.The decision followed renewed commitments by Saudi…
RIYADH: Seven OPEC+ member countries — Saudi Arabia, Russia, Iraq, Kuwait, Kazakhstan, Algeria, and Oman — will raise oil output targets by 188,000 barrels per day in July,…
Seven OPEC+ countries have agreed to increase their combined crude oil output targets by 188,000 barrels per day (bpd) in July.
Seven OPEC+ nations will boost oil production by 188,000 barrels per day in July 2026, marking a second consecutive monthly increase. This decision follows a similar adjustment…
The OPEC and non-OPEC countries also endorse the plan developed by OPEC Secretariat to achieve the objectives of the Charter of Cooperation
The Organisation of Petroleum Exporting Countries and its allies, also known as OPEC+, has approved the fourth oil output increase since the Hormuz closure crisis.The decision…
OPEC+ has agreed to increase oil production quotas by 188,000 barrels per day in July, with ministers from Saudi Arabia, Russia, Iraq, Kuwait, Kazakhstan, Algeria and Oman…
OPEC+ agreed to raise oil production quotas by 188,000 barrels per day for July 2026, but Strait of Hormuz tensions make the increase largely symbolic.
