Saudi Arabia reported a 1M barrel-per-day output increase in July as a ceasefire in the Iran war allowed Gulf producers to restart constrained

In July, OPEC made a remarkable recovery by increasing oil production to 19.85 million barrels per day. Gulf nations resumed supplies that were previously disrupted, while Iraq…

OPEC output rose 1.17 million bpd in July as Gulf producers restarted flows halted by the Strait of Hormuz closure, a Reuters survey shows.