CryptoWorld News reports that the OPEC+ draft statement shows that seven OPEC+ countries have agreed to increase their oil production target for June by approximately 188k barrels per day, marking the third consecutive month of increases. The organization is prepared to boost supply after the war ends. Although the UAE withdrew from the organization this week, OPEC+ will continue to push forward with its production increase plans. The seven member countries participating are Saudi Arabia, Iraq, Kuwait, Algeria, Kazakhstan, Russia, and Oman. In a report released last month, OPEC stated that the average daily crude oil production of all OPEC+ members in March was 35.06 million barrels, a decrease of 7.7 million barrels per day compared to February, with Iraq and Saudi Arabia experiencing the largest reductions due to export restrictions. The draft statement says that the seven members will hold another meeting on June 7.