# Opec+ likely to raise July oil output by 188,000 bpd

> Seven Opec+ producers are reportedly likely to agree to raise their July oil output target by about 188,000 bpd at a June 7 meeting, according to four sources. Group output fell to 33.19 million bpd in April from 42.77 million bpd in February amid supply disruptions linked to the Iran war. The UAE has left the alliance.

- Date: 2018-03-09 · published 2018-03-09T12:00:00.000Z
- Category: policy · region Global · magnitude medium
- Page: https://feedsoft.ai/events/65930-opec-likely-to-raise-july-oil-output-by-188-000-bpd
- Commodities: [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md), [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md)

## Why it matters

A modest planned output increase adds some supply, which is bearish for crude and diesel costs that feed into freight and feed production. Losses from war-hit Gulf exports limit how much the increase can ease prices.

## Read by commodity

- WTI: bearish ▼
- BRENT: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| BRENT | 2026-08-02 | [OPEC+ to Raise Oil Output by 188,000 Barrels a Day From September - Seoul Economic Daily](https://feedsoft.ai/events/17826-opec-to-raise-oil-output-by-188-000-barrels-a-day-from-september-seoul-economic.md) | -8.5% | -4.2% |
| BRENT | 2017-06-27 | [OPEC in no rush on deeper oil output cut, to look at in July](https://feedsoft.ai/events/70392-opec-in-no-rush-on-deeper-oil-output-cut-to-look-at-in-july.md) | +9.9% | +7.2% |
| BRENT | 2021-07-18 | [OPEC+ Members Agree To Increase Oil Output By 400,000 BPD Every Month From August](https://feedsoft.ai/events/45991-opec-members-agree-to-increase-oil-output-by-400-000-bpd-every-month-from-august.md) | +0.6% | -4.4% |
| BRENT | 2025-04-01 | [OPEC+ likely to proceed with planned May oil output hike, sources say](https://feedsoft.ai/events/25487-opec-likely-to-proceed-with-planned-may-oil-output-hike-sources-say.md) | -14.2% | -15.6% |
| BRENT | 2021-07-19 | [Arab News \| OPEC+ members agree to raise output by 400,000 barrels a day from August](https://feedsoft.ai/events/45990-arab-news-opec-members-agree-to-raise-output-by-400-000-barrels-a-day-from.md) | +0.6% | -4.4% |
| WTI | 2026-08-02 | [OPEC+ to Raise Oil Output by 188,000 Barrels a Day From September - Seoul Economic Daily](https://feedsoft.ai/events/17826-opec-to-raise-oil-output-by-188-000-barrels-a-day-from-september-seoul-economic.md) | -7.5% | -1.7% |
| WTI | 2017-06-27 | [OPEC in no rush on deeper oil output cut, to look at in July](https://feedsoft.ai/events/70392-opec-in-no-rush-on-deeper-oil-output-cut-to-look-at-in-july.md) | +7.1% | +10.4% |
| WTI | 2021-07-18 | [OPEC+ Members Agree To Increase Oil Output By 400,000 BPD Every Month From August](https://feedsoft.ai/events/45991-opec-members-agree-to-increase-oil-output-by-400-000-bpd-every-month-from-august.md) | +0.6% | -4.7% |

## Sources

- tradearabia.com: https://www.tradearabia.com/News/462859/Opec-likely-to-raise-July-oil-output-by-188-000-bpd

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