OPEC+ Boosts August Oil Output by 188,000 BPD, Brent Dips to $72.10

AP News / Modern Diplomacy · Jul 06, 2026 00:00

OPEC+ announced a fifth consecutive monthly production increase, adding 188,000 barrels per day (bpd) to August output targets. This led to Brent crude slipping to $72.10 a barrel, while U.S. benchmark crude traded near $68.89 a barrel on July 6, 2026.