CommoditiesAugust 2 at 07:27 AM

OPEC: Saudi Arabia, Russia, Iraq, Kuwait, Kazakhstan, Algeria and Oman tweak output and confirm commitment to market stability

StockNow breaking-news AI analysis

OPEC+ will raise September output by 188,000 bpd before pausing hikes through 2026 to ensure market stability amidst regional conflicts, despite concerns regarding member production capacity and long-term unity.

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