Kuwait sharply increased crude oil production in July as OPEC+ completed the reversal of its 2023 production cuts despite continued security disruptions affecting Gulf oil exports.

OPEC+ members are expected to increase oil production quotas for September. This move follows several months of similar production adjustments by the group. Many members face…

Seven OPEC+ countries will boost oil output by 188,000 barrels per day in September, continuing the phased unwind of 2.2 million bpd cuts from