06.07.2026, 19:43

OPEC+ countries increase oil production quotas for August by 188,000 bpd, next meeting to be on Aug 2

MOSCOW. July 6 (Interfax) - The seven OPEC+ countries that voluntarily reduce production in addition to the quotas of all countries (Saudi Arabia, Russia, Iraq, Kuwait, Kazakhstan, Algeria and Oman) have decided to increase oil production quotas for August by 188,000 barrels per day (bpd), according to an OPEC press release.

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