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OPEC+ raises oil production quotas by 188,000 barrels per day in July
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
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economictimes.indiatimes.com
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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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.
