# OPEC 7 Decide to Boost Production Quota | Rigzone

> OPEC+ sources said the group plans to approve a September quota increase of about 188,000 bpd and then pause output increases for the rest of the year. The pause would leave roughly 2 million bpd of 2022 cuts in place while members argue over 2027 baselines.

- Date: 2026-08-03 · published 2026-08-03T12:00:00.000Z
- Category: policy · region Global · magnitude low
- Page: https://feedsoft.ai/events/17824-opec-7-decide-to-boost-production-quota-rigzone
- Commodities: [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md), [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md)

## Why it matters

A planned pause after September limits further supply growth, which is supportive for crude over the medium term. Disputes over quotas and capacity could shape supply later.

## Read by commodity

- WTI: neutral
- BRENT: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WTI | 2026-06-08 | [OPEC 7 Decide to Boost Production in July \| Rigzone](https://feedsoft.ai/events/18719-opec-7-decide-to-boost-production-in-july-rigzone.md) | -6.1% | -25.6% |
| WTI | 2026-01-05 | [OPEC 8 Reaffirm Decision to Pause Production Hikes \| Rigzone](https://feedsoft.ai/events/20972-opec-8-reaffirm-decision-to-pause-production-hikes-rigzone.md) | +3.1% | +7.9% |
| WTI | 2025-02-05 | [MEED \| Opec+ decides to adhere to oil production policy](https://feedsoft.ai/events/25947-meed-opec-decides-to-adhere-to-oil-production-policy.md) | +0.9% | -8.8% |
| WTI | 2020-09-18 | [OPEC JMMC asks members to maintain status quo on production quotas](https://feedsoft.ai/events/51057-opec-jmmc-asks-members-to-maintain-status-quo-on-production-quotas.md) | -2.0% | -0.3% |
| WTI | 2025-05-28 | [OPEC+ holds oil quotas ahead of July production review](https://feedsoft.ai/events/24603-opec-holds-oil-quotas-ahead-of-july-production-review.md) | +4.1% | +6.9% |
| BRENT | 2026-06-08 | [OPEC 7 Decide to Boost Production in July \| Rigzone](https://feedsoft.ai/events/18719-opec-7-decide-to-boost-production-in-july-rigzone.md) | -7.5% | -26.2% |
| BRENT | 2026-01-05 | [OPEC 8 Reaffirm Decision to Pause Production Hikes \| Rigzone](https://feedsoft.ai/events/20972-opec-8-reaffirm-decision-to-pause-production-hikes-rigzone.md) | +4.7% | +16.5% |
| BRENT | 2025-02-05 | [MEED \| Opec+ decides to adhere to oil production policy](https://feedsoft.ai/events/25947-meed-opec-decides-to-adhere-to-oil-production-policy.md) | +1.2% | -6.2% |

## Sources

- rigzone.com: https://www.rigzone.com/news/opec_7_decide_to_boost_production_quota-03-aug-2026-184277-article/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.