OPEC+ raises quotas again as Middle East calms
AI Summary
OPEC+ agreed to increase oil production quotas by 188,000 barrels per day in August 2026 as Middle East tensions ease. The move aims to restore pre-war supply levels, impacting global energy markets.
OPEC+ members agree to raise oil production quotas by 188,000 bpd in August 2026 as the Middle East calms, aiming to restore pre-war supply levels. Read More: https://punchng.com/opec-raises-quotas-again-as-middle-east-calms/
World Markets Commodities Energy OPEC+ oil production quotas Middle East energy markets global supply oil prices