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On July 5, 2026, OPEC and its allies confirmed that seven countries will raise their oil production by 188,000 barrels per day in August. This decision comes amid a decline in oil prices.
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On July 5, 2026, OPEC and its allies confirmed that seven countries will raise their oil production by 188,000 barrels per day in August. This decision comes amid a decline in oil prices.
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7 OPEC+ countries agree to expand monthly oil production modestly as prices slide
Seven OPEC+ Countries to Increase Oil Production by 188,000 Barrels Per Day in August