The Organisation of the Petroleum Exporting Countries increased output to 26.70 million bpd in July, up from 26.60 million bpd in June.

OPEC’s oil output increased in July, according to a Reuters survey released on Friday, with a rise in Saudi Arabian supply and minor increases in other regions balancing the voluntary supply cuts by other members and the broader OPEC+ alliance.

The Organization of the Petroleum Exporting Countries (OPEC) produced 26.70 million barrels per day (bpd) last month, marking a 100,000 bpd increase from June. This data was gathered from shipping information and industry sources.

This rise in output occurred despite OPEC+—which includes OPEC members and allies like Russia—maintaining most of its production cuts until the end of 2025. These cuts are intended to support the market amid weak demand growth, high interest rates, and increasing U.S. production.

During a meeting on Thursday, top OPEC+ ministers decided to keep oil output policy unchanged. This includes the plan to begin reversing some production cuts starting in October, with the possibility of pausing or reversing the increase if necessary.