OPEC+ Agrees to Raise September Oil Production Quota by 188,000 Barrels Daily

OPEC+ members including Saudi Arabia and Russia approved a 188,000 bpd output increase for September, reaffirming market stability commitments ahead of the Sept 6 meeting.

Woofun AI reports that OPEC+ has agreed to raise its September oil production quota by 188,000 barrels per day. Key members, including Saudi Arabia, Russia, Iraq, Kuwait, Kazakhstan, Algeria, and Oman, confirmed adjustments to production levels while reiterating their commitment to maintaining market stability. The organization's next meeting is scheduled for September 6.