Mirian Gom 
ABUJA, Nigeria – Global oil producers led by OPEC+ raise production quotas by 188,000 barrels per day for June, signalling stability despite the abrupt exit of the United Arab Emirates and escalating Middle East tensions.
The decision on Sunday follows a high-level meeting involving Saudi Arabia, Russia and other members, who reaffirm commitment to stabilising volatile oil markets.
Analyst Jorge Leon of Rystad Energy says the move downplays internal divisions. “By maintaining the same output path, the group projects continuity despite fractures,” he states.
However, experts warn that the increase may have limited real impact due to disruptions at the Strait of Hormuz, where geopolitical tensions continue to restrict supply flows.
Rystad analyst Priya Walia notes a production shortfall of nearly nine million barrels per day, driven largely by war-related constraints.
Despite challenges, OPEC+ insists it retains control over global oil dynamics, even as analysts warn that the UAE’s departure could reshape future alliances.
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Oluwatobi Adu 
