A handful of countries in the Opec+ oil-producing alliance plan to modestly increase their output next month, bringing more oil online after fuel prices fell to levels not seen since before the US-Israeli war on Iran.

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.…

OPEC+ plans to increase oil production quotas amid regional stabilization. New all-time high for crude oil by December 31 at 7.5% YES.