Turning the Tap Back On: OPEC+ Prioritizes Market Share With Major Output Hike
Opening NarrativeImagine a long-stilled tap suddenly opening wide—this week, OPEC+ plans to release an extra 548,000 barrels of oil per day starting in August, a dramatic shift from its former tight-supply strategy . The Plot Twist After three consecutive monthly output boosts (May–July of 411,000 bpd each), OPEC+ is stepping up pace. This policy reversal is…