OPEC+ Eyes Bigger Barrel Boost—August Output Hike of 411,000 BPD on the Table

Unknown Apr 02, 2026 1,750 Views

OPEC+ is poised to approve another accelerated oil output hike of 411,000 barrels per day (bpd) for August 2025, as the group meets on Saturday, July 6, according to multiple Reuters sources. This would mark the fourth consecutive monthly increase, bringing the total additional supply since April...