7 OPEC+ countries agree to expand monthly oil production modestly as prices slide Jul 05, 2026 · Wyatte Grantham-Philips · washingtontimes.com read more » A handful of countries in the OPEC+ oil-producing alliance plan to increase their outputs modestly next month, which would bring more oil online after fuel prices have fallen to levels not seen since before the U.S. and Israel's war with Iran. Read more »