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World

OPEC+ boosts September production by 188,000 barrels/day

OPEC Oil Russia United States Jorge Leon Saudi Arabia London Mideast
The war in the Middle East has resulted in disruption of oil supplies through the Strait of Hormuz, at the entrance to the Gulf

LONDON - Saudi Arabia, Russia and five other key members of OPEC+ agreed in an online meeting Sunday to boost oil production by 188,000 barrels a day from September, against a backdrop of disruption caused by the Mideast war.

"The seven participating countries decided to implement a production adjustment of 188 thousand barrels per day," they said in a joint statement.

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