# OPEC+ countries agree to increase oil production in August | AP News

> Seven OPEC+ countries agreed to raise oil production by a combined 188,000 barrels per day in August. It was the fifth consecutive monthly increase by the group.

- Date: 2026-07-05 · published 2026-07-05T12:00:00.000Z
- Category: policy · region Global · magnitude low
- Page: https://feedsoft.ai/events/18250-opec-countries-agree-to-increase-oil-production-in-august-ap-news
- Commodities: [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md), [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md)

## Why it matters

A small, scheduled supply addition reinforces a softer crude outlook, which typically lowers diesel and fertilizer costs for feed buyers.

## Read by commodity

- WTI: bearish ▼
- BRENT: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| BRENT | 2025-06-01 | [OPEC+ to Increase Oil Production—Again](https://feedsoft.ai/events/24856-opec-to-increase-oil-production-again.md) | +4.9% | +7.0% |
| BRENT | 2025-07-08 | [OPEC+ countries agree to raise crude oil production by 548 kb/d in August 2025 \| Enerdata](https://feedsoft.ai/events/23677-opec-countries-agree-to-raise-crude-oil-production-by-548-kb-d-in-august-2025.md) | -1.0% | -2.3% |
| BRENT | 2025-10-03 | [OPEC+ agrees to modest oil production increase for November](https://feedsoft.ai/events/22305-opec-agrees-to-modest-oil-production-increase-for-november.md) | +2.2% | +0.4% |
| BRENT | 2021-09-01 | [OPEC+ Sticks to Agreed Schedule for Oil-Production Increases](https://feedsoft.ai/events/44983-opec-sticks-to-agreed-schedule-for-oil-production-increases.md) | -2.2% | +7.5% |
| BRENT | 2022-07-18 | [OPEC+ Agrees to 100,000 bpd Oil Production Increase for September](https://feedsoft.ai/events/40406-opec-agrees-to-100-000-bpd-oil-production-increase-for-september.md) | -1.5% | -5.3% |
| WTI | 2025-06-01 | [OPEC+ to Increase Oil Production—Again](https://feedsoft.ai/events/24856-opec-to-increase-oil-production-again.md) | +6.2% | +7.6% |
| WTI | 2025-07-08 | [OPEC+ countries agree to raise crude oil production by 548 kb/d in August 2025 \| Enerdata](https://feedsoft.ai/events/23677-opec-countries-agree-to-raise-crude-oil-production-by-548-kb-d-in-august-2025.md) | -1.4% | -2.6% |
| WTI | 2025-10-03 | [OPEC+ agrees to modest oil production increase for November](https://feedsoft.ai/events/22305-opec-agrees-to-modest-oil-production-increase-for-november.md) | +1.7% | +0.1% |

## Sources

- apnews.com: https://apnews.com/article/opec-increase-oil-production-iran-hormuz-bae40a1146cea569ddfdfc39d4867441

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