OPEC+ increases oil production quotas for September

Sunday, 2 August 2026AI summary
OPEC+ increases oil production quotas for September
Photo: RTP Notícias

The Organization of the Petroleum Exporting Countries (OPEC+) has decided to increase oil production by 188,000 barrels per day starting in September. This move continues the group's policy of market stabilization, adding to the nearly 1% increase in global supply quotas implemented since February.