OPEC+ considers raising oil output by 550,000 bpd in August, sources say

OPEC+ considers raising oil output by 550,000 bpd in August, sources say

OPEC+ Considers Raising Oil Output by 550,000 Barrels Per Day in August: News and Biography of Key Figure July 5, 2025 – OPEC+, the alliance of the Organization of the Petroleum Exporting Countries and its allies, including Russia, is reportedly considering a significant increase in oil production by 550,000 barrels per day (bpd) for August … Read more