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OPEC+ plans output increase amid falling oil prices

2 Jul 2026 · 16:09 ISTafter close1 source ↓written by the desknot a recommendation

starting August: 188,000 barrels daily

OPEC+ is set to boost oil output by 188,000 barrels daily starting August, as confirmed by sources. This decision aims to address the recent decline in oil prices. The increase follows similar adjustments made in June and July, indicating a proactive approach to stabilize the market. 📉

Not investment advice. For informational purposes only.

OI Charts is not a SEBI-registered investment adviser or research analyst. This bulletin was written by the OI Charts desk from the public sources listed here. It is commentary on market conditions, not a basis for any investment decision and not a recommendation to buy or sell any security. Prices as of 2 Jul 2026, 16:09 IST.

Sourcesnews.google.com

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OPEC+ plans output increase amid falling oil prices

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