OPEC+ boosts oil output again. Discover what the latest production hike means for global prices and the UAE after its exit from the group.

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…