OPEC+ Likely to Boost Oil Output in September

OPEC+ is inclined to approve an increase in oil production by 188,000 barrels per day in September 2026, despite ongoing conflicts in the Middle East that continue to disrupt global energy supplies. It is analyzed that this will be the final increase in a series of adjustments that began in recent months, following the alliance's reduction of approximately 6 million barrels per day between 2022 and 2023. However, some members are facing difficulties in meeting these targets due to declining production capacities, particularly in Russia and Iraq. Additionally, future discussions about production quotas will be held after assessing sustainable production levels, with expectations of challenges in negotiations next year.

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