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OPEC+ adjusts August production, reaffirms stability commitment; next meet August 2
Seven OPEC+ nations, including Saudi Arabia and Russia, have agreed to a 188,000 barrels per day production adjustment starting August 2026. This move partially unwinds voluntary cuts announced in April 2023, with individual country allocations detailed. The group emphasized a cautious approach, retaining flexibility to alter production based on market dynamics and to compensate for past overproduction.
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economictimes.indiatimes.com
OPEC+ tipped to raise quotas again as Middle East calms
Seven OPEC+ nations, including Saudi Arabia and Russia, are poised to increase oil production quotas for August, aiming to recover from disruptions caused by the Middle East war.…
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cnbc.com
OPEC+ set to approve another oil output increase, sources say
The oil-producing group has agreed in principle to increase quotas by 188,000 barrels per day from August, two sources told Reuters.
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OPEC+ adjusts August production, reaffirms stability commitment; next meet August 2
Seven OPEC+ nations, including Saudi Arabia and Russia, have agreed to a 188,000 barrels per day production adjustment starting August 2026. This move partially unwinds voluntary…
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vanguardngr.com
OPEC+ raises quotas again as Middle East calms
Seven OPEC+ members decided on Sunday to again raise oil production quotas as Gulf countries reel from the Middle East war.
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arabnews.com
OPEC+ member countries adjust production, reaffirm commitment to oil market stability
RIYADH: The seven OPEC+ member countries, including Saudi Arabia, Russia, Iraq, and Kuwait, as well as Kazakhstan, Algeria, and Oman, which had previously announced additional…
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cryptobriefing.com
OPEC+ to boost oil supply by 188,000 barrels per day in August
OPEC+ will boost oil supply by 188,000 barrels per day in August. Crude oil reaching a new all-time high by September 30 at 2.5% YES.
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OPEC Plus to boost oil output by 188,000 barrels daily from July 2026
OPEC Plus will increase oil output by 188,000 barrels daily from July 2026. New all-time high for crude oil by December 31 at 7.5% YES.
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timesofindia.indiatimes.com
OPEC+ agrees fresh August oil output hike as Strait of Hormuz reopens
OPEC+ has decided to raise its oil production targets once again, agreeing to increase output quotas by 188,000 barrels per day (bpd) from August as the group continues to unwind…
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manager-magazin.de
Opec will mehr Öl in den Markt pumpen
Das Ölkartell Opec+ will das Ölangebot erhöhen – trotz der weiterhin unsicheren Lage an der Straße von Hormus. Zu der Gruppe gehören auch Saudi Arabien und Russland.
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saudigazette.com.sa
OPEC+ to raise oil production by 188,000 bpd in August
Seven OPEC+ countries agreed to increase oil production by 188,000 barrels per day in August 2026 while reaffirming their commitment to market stability and full compliance with…
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benzinga.com
OPEC+ Agrees To Raise Output Even as Hormuz Shipping Security Remains Uncertain
OPEC+ members agreed to raise their collective oil‑production quotas from August even as crude shipments through the Strait of Hormuz remain uncertain.
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OPEC adjusts oil production by 188K bpd, meeting set for August 2
OPEC adjusts oil production by 188K bpd. Crude oil reaching a new all-time high by September 30 at 2.5% YES.
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zerohedge.com
OPEC+ Approves Another Oil Output Increase As Hormuz Exports Start To Recover
"The group of seven kept unwinding their production cuts as widely expected. The near-term focus will remain on how many tankers will manage to cross the Strait of Hormuz and how…
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english.news.cn
OPEC+ to raise oil production cap by 188,000 bpd in August
OPEC+ to raise oil production cap by 188,000 bpd in August-
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gulfnews.com
Oil prices and OPEC+: What the August production increase really means
OPEC+ to raise oil output by 188,000 bpd from August as Gulf producers unwind cuts, Strait of Hormuz shipping normalises and markets eye price pressures.
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aljazeera.com
OPEC+ countries say they will expand monthly oil production
Seven OPEC+ members, including Saudi Arabia and Russia, to increase output by 188,000 barrels per day.
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euronews.com
OPEC+ agrees another modest output rise as oil prices continue to fall
Seven countries in the OPEC+ alliance agreed to lift their combined oil output by a modest 188,000 barrels per day in August, adding supply just as crude prices slide back to…
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OPEC+ to boost oil output by 188,000 barrels per day in August
OPEC+ will boost oil output by 188,000 barrels per day in August. Crude oil reaching a new all-time high by September 30 at 2.6% YES.