business

OPEC+ Agrees Another Symbolic Quota Hike for July

Bloomberg Markets · Jun 7, 2026, 12:55 PM · Also reported by 1 other source

Major OPEC+ members agreed another modest symbolic increase to their oil output quotas for July, even as a blockage of exports from the Persian Gulf prevents most of them from implementing it.

Read full story on Bloomberg Markets → More top stories

Also covered by

The Hindu OPEC+ set for fourth oil quota hike since Hormuz closure, sources say

Aggregated and edited by the Scoop newsroom. We surface news from Bloomberg Markets alongside other reporting so you can compare coverage in one place. Editorial policy · Corrections · About Scoop

OPEC+ Agrees Another Symbolic Quota Hike for July

Also covered by

More in business