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OPEC+ agrees to raise oil output by 188,000 barrels per day in September
Seven OPEC+ members – Saudi Arabia, Russia, Iraq, Kuwait, Kazakhstan, Algeria and Oman – held a virtual meeting on 2 August 2026 and decided to increase their collective oil production by 188,000 barrels per day starting in September 2026. The increase completes the unwinding of the 1.65 million‑bpd voluntary cut package introduced in April 2023. Country‑specific hikes are: Saudi Arabia +62,000 bpd, Russia +62,000 bpd, Iraq +26,000 bpd, Kuwait +16,000 bpd, Kazakhstan +10,000 bpd, Algeria +6,000 bpd and Oman +5,000 bpd. The next OPEC+ meeting is scheduled for 6 September 2026. After the September adjustment, the group plans to pause further output increases for the remainder of the year, leaving roughly 2 million bpd of cuts in place. Some members, notably Iraq, have urged higher individual quotas.
Entities
Iraq · Iraq · Kazakhstan · Kuwait · Kuwait · OPEC+ · Russia · Russia · Saudi Arabia · Saudi Arabia · Strait of Hormuz
Claims
What the coverage asserts, and how many sources carry each claim.
- [● 33 SOURCES] The September increase will complete the unwinding of a 1.65 million‑bpd voluntary cut package introduced in 2023. www.europesays.com · mix929.com · srnnews.com · www.al-monitor.com · wtvbam.com · +27 more
- [● 39 SOURCES] The seven core members of OPEC+ are Saudi Arabia, Russia, Iraq, Kuwait, Algeria, Kazakhstan and Oman. mix929.com · srnnews.com · www.al-monitor.com · wtvbam.com · www.europesays.com · +33 more
- [● 9 SOURCES] The United Arab Emirates left OPEC+ in May 2026. www.europesays.com · www.al-monitor.com · mix929.com · srnnews.com · ekonomi.haber7.com · +2 more
- [● 26 SOURCES] OPEC+ will increase production quotas by about 188,000 barrels per day starting September 2026. www.europesays.com · mix929.com · srnnews.com · www.dgabc.com.br · www.al-monitor.com · +18 more
- [● 31 SOURCES] Some members, such as Iraq, are pushing for higher individual quotas. www.europesays.com · mix929.com · srnnews.com · www.al-monitor.com · wtvbam.com · +23 more
- [● 39 SOURCES] After September, OPEC+ will pause further output increases for the rest of the year, leaving about 2 million bpd of cuts in place. mix929.com · srnnews.com · www.al-monitor.com · wtvbam.com · exame.com · +31 more
- [● 30 SOURCES] OPEC+ is reviewing members' oil production capacity to set baselines for the 2027 output quotas. mix929.com · srnnews.com · www.al-monitor.com · wtvbam.com · www.europesays.com · +22 more
- [● 18 SOURCES] OPEC+ decided to increase production quotas by 188,000 barrels per day starting in September 2026. www.europesays.com · www.zeit.de · mix929.com · ekonomi.haber7.com · www.sudouest.fr · +11 more
- [● 4 SOURCES] OPEC+ is reviewing members' oil production capacity to set baselines for the 2027 quota cycle. www.europesays.com · mix929.com · srnnews.com · wtvbam.com
- [● 21 SOURCES] The September increase completes the unwinding of a 1.65 million‑bpd voluntary cut package introduced in 2023. www.europesays.com · mix929.com · srnnews.com · jornaleconomico.sapo.pt · ekonomi.haber7.com · +15 more
- [● 3 SOURCES] After September, OPEC+ will pause further output increases for the rest of the year, leaving roughly 2 million barrels per day of cuts from 2022 in place. mix929.com · srnnews.com · wtvbam.com
- [● 27 SOURCES] OPEC+ decided to increase production quotas by about 188,000 barrels per day starting September 2026. jornaleconomico.sapo.pt · www.europesays.com · www.zeit.de · mix929.com · ekonomi.haber7.com · +21 more