WS #11510
OPEC+ agrees to fifth consecutive monthly oil production increase of 188,000 bpd starting August, as oil prices fall to pre-conflict levels, countering the supply-crisis thesis. Russia launches large-scale missile and drone attack on Kyiv killing at least 10 civilians, damaging residential buildings, ahead of NATO summit. Ukrainian drones hit oil terminals in Kerch, Vysotsk, and Yaroslavl refinery, causing regionwide blackout in Crimea and escalating energy infrastructure war.
OPEC+ Production Increase
OPEC+ agrees to fifth consecutive monthly oil production increase of 188,000 bpd starting August, as oil prices fall to pre-conflict levels, countering the supply-crisis thesis.
Russia launches large-scale missile and drone attack on Kyiv killing at least 10 civilians, damaging residential buildings, ahead of NATO summit.
Ukrainian drones hit oil terminals in Kerch, Vysotsk, and Yaroslavl refinery, causing regionwide blackout in Crimea and escalating energy infrastructure war.