OPEC+ plans to complete unwinding its voluntary production cuts by September 2026, then maintain unchanged output policy through year-end. Seven key members including Saudi Arabia and Russia approved an August production increase during a July 6 decision. Since April 2025, the cartel has reintroduced approximately 2.9 million barrels per day into global markets, contributing to lower crude prices and easing inflationary pressure. This dynamic has direct implications for crypto, as falling oil prices cool inflation expectations, giving central banks more room to cut rates and fueling flows into risk assets. Geopolitical disruptions near the Strait of Hormuz motivated the approval of the August hike.
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