OPEC+ raises output but cartel&#039;s future hangs in balance

France 24 ??? Neutral

OPEC+ raises output but cartel's future hangs in balance

Jul 7, 2026 at 10:44 AM

A handful of OPEC+ countries have agreed to increase their output targets from August but the cartel is fighting for its survival after the UAE's departure. A French company is using the Seine to cool down Paris' buildings. And, Sky says it's buying ITV's broadcast channels and streaming service for £1.6bn.

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OPEC+ raises output but cartel's future hangs in balance

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