OPEC Agrees in Principle to Small Oil Production Quota Hike for September

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Energy

2 August 2026 at 9:44 pm

OPEC Agrees in Principle to Small Oil Production Quota Hike for September

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Summary

Major OPEC nations have tentatively agreed to a small increase in their oil production quotas for September, aiming to complete the theoretical revival of halted supplies and potentially add more barrels after the Middle East war concludes.

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OPEC Agrees in Principle to Small Oil Production Quota Hike for September | HyperFast News