Seven member states of the “OPEC+” group, including Saudi Arabia, decided to adjust their oil production levels by raising them by 188 thousand barrels per day, starting from July 2026. The decision came during a meeting held via video conference to review the market conditions and their future prospects. The countries affirmed their continued flexible and cautious approach to managing production levels. The seven member states stressed their commitment to compensate [...] The post “OPEC+” decides to raise its oil production quotas by 188 thousand barrels per day next July appeared first on Al-Nahar Online.