OPEC+ boosts oil output by slower pace than previous months

By CATHY BUSSEWITZ
AP Energy Writer

The OPEC oil cartel and its allies have decided to boost production in September by a much slower pace than in previous months. The move Wednesday comes amid high gasoline prices and unstable energy supplies exacerbated by the war Russia is waging on Ukraine. OPEC, led by Saudi Arabia, and its allies, led by Russia, say they will increase output to 100,000 barrels a day next month after raising it by 648,000 barrels per day in July and August. It comes after U.S. President Joe Biden visited Saudi Arabia last month, aiming to improve relations and encourage more oil production from OPEC to draw down high prices at the pump.