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OPEC+ may keep lifting its oil output quotas as the Iran war broadens. Why that won’t help lower prices.
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FOMOGRAM Editorial Desk
Aug 1, 2026
EXECUTIVE SUMMARY
The Organization of the Petroleum Exporting Countries and its allies may decide Sunday to lift their oil production quotas for a sixth straight month — but finding ways to export those extra barrels will be the real problem.
The Organization of the Petroleum Exporting Countries and its allies may decide Sunday to lift their oil production quotas for a sixth straight month — but finding ways to export those extra barrels will be the real problem.
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