Reuters reports, citing three OPEC+ sources on the matter
The report says that OPEC+ is likely to keep its oil output policy unchanged i.e. planned 400k bpd hike starting from September, when they meet on 1 September this week.
One of the sources is reported as saying that:
“Current oil prices around $70 are okay. OPEC+ is likely to continue as planned with the increase of 400k bpd.”