[Sources: OPEC+ May Once Again Raise Oil Production Target for August] Golden Finance reports, July 1 – Three sources stated on Wednesday that OPEC+ oil-producing countries are expected to agree at Sunday’s meeting to further raise the production target for August. This move aims to increase oil supply as the Strait of Hormuz gradually reopens and oil prices decline. According to the sources, the production target for August will increase by approximately 188,000 barrels per day, the same increment as in June and July. OPEC has not yet commented on the matter.