Updated on August 3, 2026, 02:27PM (AST)

03.08.2026, 12:16

OPEC+ states decide to increase oil production quotas by 188,000 bpd in Sept, ending period of voluntary restrictions


MOSCOW. Aug 3 (Interfax) - The seven OPEC+ member states, which are reducing their oil production voluntarily in addition to the quotas of all other countries, namely Saudi Arabia, Russia, Iraq, Kuwait, Kazakhstan, Algeria, and Oman, have made a decision to increase their oil production quotas by 188,000 barrel per day in September, OPEC said in a press statement.


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