OPEC+ will finalize a 188,000 bpd oil output increase for September before pausing quota hikes for three months pending a capacity review.

VIENNA -- Seven OPEC+ countries agreed on Sunday to raise the oil production cap in September by 188,000 barrels per day (bpd) from August levels, according to a statement…

Saudi Arabia, Russia and five other members of OPEC+ are expected to raise their oil production quotas for September when they meet online Sunday as the Middle East war continues…