On June 7, CNBC cited three OPEC+ sources saying that although the war between the United States and Iran is still preventing several member countries from increasing oil production, OPEC+ will still agree on Sunday to raise its oil production target for the fourth time within just a few months.



Between April and June, the seven core member countries of OPEC+ increased their production quotas by nearly 600,000 barrels per day. In fact, due to export cuts by Gulf member countries, the group’s production has already fallen significantly. According to OPEC data, the average production in April was 33.19 million barrels per day, down from 42.77 million barrels per day in February.

Sources said these seven countries are very likely to decide on Sunday to raise the production target again by about 188,000 barrels per day starting in July, the same as the increase in June. #分享美股交易赢英伟达股票
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