Seven OPEC+ Countries Agree to 188,000 BPD Oil Output Adjustment for September

Saudi Arabia, Russia, Iraq, Kuwait, Kazakhstan, Algeria, and Oman, as part of the OPEC+ group, have agreed to adjust their combined oil production by 188,000 barrels per day for September. This decision, announced by OPEC, reaffirms their commitment to market stability and will be followed by another meeting on September 6.