EnergyHigh impactPre-market

OPEC+ plans output increase amid declining oil prices

2 Jul 2026 · 07:08 ISTpre-market1 source ↓written by the desknot a recommendation

starting August: 188,000 barrels daily

OPEC+ is set to raise oil output targets by 188,000 barrels daily starting August, responding to falling prices. This move follows similar adjustments made in June and July, aiming to stabilize the market. Traders should monitor potential impacts on oil prices and supply dynamics as the coalition meets this Sunday.

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, 07:08 IST.

Sourcesnews.google.com

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OPEC+ plans output increase amid declining oil prices

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