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OPEC+ Approves Another Oil Production Quota Increase

Summary by TFD
Major members of OPEC+ have agreed to another modest increase in their collective oil production quotas for next month, raising the prospect of additional crude supplies reaching global markets if the U.S.-Iran peace agreement holds.
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TFDTFD

OPEC+ Approves Another Oil Production Quota Increase

Major members of OPEC+ have agreed to another modest increase in their collective oil production quotas for next month, raising the prospect of additional crude supplies reaching global markets if the U.S.-Iran peace agreement holds.

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TFD broke the news on Thursday, July 9, 2026.
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