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OPEC+ Countries Announce Modest Oil Production Increase for August
Seven OPEC+ countries will increase oil production by a combined 188,000 barrels per day in August. The Organization of the Petroleum Exporting Countries and its allies made the announcement on Sunday. This adjustment follows recent declines in oil prices.
07/23/2026 · Washington County edition
The Organization of the Petroleum Exporting Countries and its allies, known as OPEC+, announced Sunday a plan to increase oil production. Seven member countries will collectively add 188,000 barrels per day (bpd) to the global supply starting in August.
This decision marks a modest expansion of oil output from the participating nations. The announcement did not specify individual country contributions to the total increase.
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