OPEC+

opec [Getty]
Live Story

Seven OPEC+ members, including Saudi Arabia and Russia, agreed to raise oil production quotas by 188,000 barrels per day from August 2026

The New Arab Staff & Agencies
05 July, 2026
OPEC Photo Illustrations
Live Story
: In this photo illustration, the OPEC (Organization of the Petroleum Exporting Countries) logo is seen displayed on a smartphone screen. (Photo Illustration by Thomas Fuller/SOPA Images/LightRocket via Getty Images)
Live Story
oil Saudi [Getty]
Live Story
: In this photo illustration, the OPEC (Organization of the Petroleum Exporting Countries) logo is seen displayed on a smartphone screen. (Photo Illustration by Thomas Fuller/SOPA Images/LightRocket via Getty Images)
Live Story
United Arab Emirates Minister of Energy Suhail Al Mazroui, Qatari Minister of Energy Saad Sherida Al Kaabi and Egyptian Minister of Petroleum and Mineral Resources Karim Badawi
Live Story
	In this pool photograph distributed by the Russian state agency Sputnik, participants, including Secretary General of the Organization of the Petroleum Exporting Countries (OPEC) Haitham al-Ghais (front row C), attend a plenary session of the Russian Energy Week forum in Moscow on October 16, 2025
Live Story
OPEC Headquarters In Vienna
Live Story
Spectacular sunset over an oil field in the desert of Kuwait
Live Story
Iraq oil -- AFP
Live Story
Kuwait oil prices [AFP]
Live Story
Iraq oil
Live Story
A view of oil production field in Duhok, Iraq
Live Story
The blue logo of the Organization of the Petroleum Exporting Countries (OPEC) is displayed on the facade of its headquarters building in Vienna, Austria, on June 9, 2025.
Live Story
The blue logo of the Organization of the Petroleum Exporting Countries (OPEC) is displayed on the facade of its headquarters building in Vienna, Austria, on June 9, 2025.
Live Story
Saudi Arabia denies exceeding OPEC+ oil output target in June [Getty]
Live Story