OPEC+ Raised August Output by 188,000 Barrels. Several Outlets Reported a Cut.
OPEC+ agreed a 188,000 bpd production increase for August 2026 at its 5 July virtual meeting, the fifth consecutive monthly rise. Several outlets reported it as a cut. This is the correction, the quota-versus-actual gap that makes the increase largely paper barrels, and how to reconcile the conflicting output series.
Oil and Gas
Saudi Arabia's dominant sector, Aramco-led, production and diversification under Vision 2030.
OPEC and Saudi Arabia's Strategic Role in Global Oil Markets
Comprehensive guide to OPEC, Saudi Arabia's leadership role, production quotas, the OPEC+ alliance, and the Kingdom's pricing power in global energy markets.
Saudi Arabia OPEC Quota
Analysis of Saudi Arabia's role within OPEC and OPEC+, covering production quotas, spare capacity management, market stabilisation strategy, and the fiscal and geopolitical dimensions of the Kingdom's oil production policy.
Saudi-US Relations: Recalibrating the Strategic Partnership
Analysis of the Saudi-US strategic partnership — defence cooperation, energy tensions, OPEC dynamics, and the evolving security compact.