The UAE's withdrawal weakens influence but reduces the cost of bickering.

According to four sources, seven core OPEC+ member countries are likely to slightly raise their July production targets at the June 7 meeting, with an increase of about 188k barrels per day. After the UAE's withdrawal in May, monthly production increases have continued but at a slower pace. Analysts believe that the UAE's exit weakens market influence but benefits internal cohesion. Additionally, two more meetings are expected to make no policy adjustments.