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OPEC+ approves fourth consecutive oil output increase as Strait of Hormuz crisis deepens
OPEC+ approved its fourth consecutive oil output hike of 188,000 bpd, but the Strait of Hormuz closure means targets remain symbolic. Here's what it means
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cryptobriefing.com
OPEC oil production hits decades-low amid US-Iran tensions
OPEC oil production hits a decades-low amid US-Iran tensions. Crude oil reaches a new all-time high by December 31 at 25.5% YES.
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economictimes.indiatimes.com
As OPEC+ meets, Iran war hobbles power to shape oil market
OPEC+ ministers are meeting to discuss increasing oil production quotas to combat surging prices, which have doubled since the Strait of Hormuz was effectively blocked by…
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OPEC+ plans fourth oil quota hike amid Hormuz closure tensions: Reuters
OPEC+ plans a fourth oil quota hike amid Hormuz tensions. WTI reaching $150 in June 2026 at 1.8% YES.
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OPEC+ set for fourth oil quota hike since Hormuz closure, sources say
OPEC+ is set to raise its oil output targets for the fourth straight month, a strategic move amidst production hurdles faced by some of its member countries. Despite setbacks,…
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thehindu.com
OPEC+ set for fourth oil quota hike since Hormuz closure, sources say
OPEC+ plans a fourth oil output quota increase amid ongoing challenges from the U.S.-Iran war and UAE's exit.
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www1.folha.uol.com.br
Opep+ anuncia quarto aumento de produção desde o bloqueio do Estreito de Hormuz
Decisão eleva metas no papel, mas restrições ao transporte pelo Irã mantém produção real em queda
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ilsole24ore.com
Opec+: nuovo aumento della produzione petrolifera dopo la chiusura di Hormuz
Previsto un incremento di circa 188.000 barili al giorno da luglio. Si tratta del quarto aumento in quattro mesi dallo scoppio della guerra nel Golfo
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cnbc.com
OPEC+ set for fourth oil quota hike since Strait of Hormuz closure, sources say
Seven members of OPEC+, which groups OPEC and allied producers including Russia, increased output quotas from April to June by almost 600,000 barrels per day.
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newsbytesapp.com
Will OPEC+ approve increase in oil output today?
OPEC+ is poised to approve its fourth consecutive oil output increase, despite the ongoing U.S.-Iran war disrupting supplies through the critical Strait of Hormuz.
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middleeasteye.net
Opec+ set to increase oil output targets again
Opec+ is set to agree on Sunday a fourth increase in oil output targets in as many months, three sources from the oil cartel told Reuters, even though the war on Iran is still…
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dailysabah.com
OPEC+ agrees 4th straight oil output hike since Hormuz closure
OPEC+ agreed on Sunday a fourth straight hike in its oil output targets in as many months, the organization said in a statement, even though the...
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OPEC+ increases production quotas for July
OPEC+ ministers decided Sunday to increase oil quotas by a total 188,000 barrels per day for July, in a move analysts said would be unlikely to have an impact on prices sent…
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thenationalnews.com
Opec agrees fourth monthly output rise despite Hormuz closure and price swings | The National
Seven core members of group gradually unwinding 1.65 million bpd production cut agreed to raise July output by 188,000 bpd
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businessday.ng
OPEC+ raises output quotas by 188,000 bpd for July - Businessday NG
OPEC+ ministers agreed to raise oil output quotas by 188,000 barrels per day for July, but analysts say the move will have little impact on prices as the Strait of Hormuz remains…
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saudigazette.com.sa
7 OPEC+ countries to raise oil output by 188,000 bpd in July
Seven OPEC+ countries have agreed to increase their combined crude oil output targets by 188,000 barrels per day (bpd) in July.
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7 OPEC+ nations announce second straight 188,000 bpd output increase for 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…
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businessday.co.za
Opec+ approves fourth oil output hike amid Strait of Hormuz tensions
Analyst says the increase means little as long as the strait remains closed
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thehindubusinessline.com
OPEC+ decides on fourth oil quota hike since Hormuz closure
OPEC+ announces fourth oil output increase amid supply crisis caused by war and Strait of Hormuz closure.
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timesofindia.indiatimes.com
OPEC+ approves fourth straight oil output hike, raises July targets by 188,000 bpd
OPEC+ on Sunday agreed to a fourth consecutive increase in oil production targets, even as the ongoing US-Iran conflict continues to restrict exports from several member countries…
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dawn.com
Opec+ approves fourth oil output quota hike since Hormuz closure
Decides to increase targets by 188,000 bpd from July.