OPEC+ set to raise July oil output by 188,000 barrels per day
May 21, 2026
(Investing) – Seven leading OPEC+ oil-producing countries are likely to agree to a modest increase in July output when they meet on June 7, according to a Reuters report on Thursday. The monthly target set by the seven core members is expected to rise by approximately 188,000 barrels per day, though delivery for several nations remains disrupted by the Iran war.
