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MarketWatch

OPEC+ may keep lifting its oil output quotas as the Iran war broadens. Why that won’t help lower prices.

Saturday, August 1, 2026


OPEC+ is considering raising its oil production quotas for a sixth consecutive month at a meeting Sunday. The organization's members produce crude oil but face challenges in exporting additional barrels given current market conditions.

Original reporting: https://www.marketwatch.com/story/opec-may-keep-lifting-its-oil-output-quotas-as-the-iran-war-broadens-why-that-wont-help-lower-prices-c80f53d3?mod=mw_rss_topstories

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