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OPEC

Production Market Dynamics UAE Withdrawal UAE Production Quotas UAE Departure Production Decisions United Arab Emirates Output Decisions Output Policy Production Capacities OPEC+ Alliance Oil Demand Growth Iraq Production Capacity OPEC+ Decisions Saudi Arabia Influence Leadership Supply Cuts Exports Quotas Cohesion Angola Nigeria Oil demand forecast Production Cuts Production cuts Russia Output Policies Output Cuts Demand Forecasts OPEC+ Market Monitoring Production Adjustments Russia-Saudi Relations Reports UAE Exit Production Policies Membership Changes Production Targets Market Influence Venezuela's Oil Production

OPEC+ to Pause Output Increases After September Citing Iran-Linked Transit Risks

The move reflects concern that war-related attacks on Gulf shipping have reduced deliverable oil and raise the prospect of higher crude prices.

OPEC+ Lifts June Quotas by 188,000 Barrels After UAE Exit