OPEC+ Countries Without UAE Decide To Increase Oil Production

By 188 thousand barrels.

Seven OPEC+ countries, namely Russia, Saudi Arabia, Iraq, Kuwait, Kazakhstan, Algeria and Oman, decided to increase oil production by 188 thousand barrels per day in June 2026. This is reported on the website of the organization.

Thereby, Russia's quota for production in June is 9.762 million barrels per day, Saudi Arabia - 10.291 million, Iraq - 4.352 million, Kuwait - 2.628 million, Kazakhstan - 1.599 million, Algeria - 989 thousand, Oman - 826 thousand.

This measure will allow member countries to accelerate compensation for overproduction of oil, OPEC+ noted.

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