{"id":109756,"date":"2026-06-08T00:00:00","date_gmt":"2026-06-08T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/ksa\/?p=109756"},"modified":"2026-06-08T03:09:13","modified_gmt":"2026-06-08T03:09:13","slug":"another-quota-hike-from-opec","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/ksa\/2026\/06\/08\/another-quota-hike-from-opec\/","title":{"rendered":"Another quota hike from OPEC+"},"content":{"rendered":"<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Good <\/strong><strong>morning<\/strong><strong>, all. <\/strong>We have a brisk issue for you this morning, led by one expert\u2019s take on what a permanent ceasefire agreement between the US and Iran could mean for Saudi equities. We also dive into a recent KPMG report that looks at the Kingdom\u2019s digital transformation and how it measures up against global competition. <\/p>\n<p class=\"tag-border-left\">Another hike from Opec+<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"> <a id=\"wwtt1\"><\/a> <strong>Opec+ opted to <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.opec.org\/pr-detail\/604-7-june-2026.html\" style=\"\">increase production quotas<\/a><\/strong><strong> by 188k bbl \/ d in July<\/strong>, even if many of those barrels can\u2019t physically reach the market. Saudi Arabia and Russia accounted for nearly two-thirds of the increase, with each receiving a 62k bbl \/ d quota boost, with the Kingdom \u2014 the largest swing supplier \u2014 targeting 10.4 mn bbl \/ d next month.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>IN CONTEXT-<\/strong> The move marks the fourth consecutive quota increase and the latest step in Opec+\u2019s gradual unwinding of the group\u2019s voluntary production cuts. After putting production hikes on ice till <a target=\"_blank\" href=\"https:\/\/enterpriseam.com\/ksa\/2026\/02\/02\/this-morning-opec-keeps-hikes-on-ice-through-march\/\" style=\"\">March<\/a>, Opec agreed to increase production by 206k bbl \/ d in both April and <a target=\"_blank\" href=\"https:\/\/enterpriseam.com\/ksa\/2026\/04\/06\/opec-boosts-output-for-may\/\" style=\"\">May<\/a>, before cooling to <a target=\"_blank\" href=\"https:\/\/enterpriseam.com\/logistics\/2026\/05\/04\/today-air-cargo-adapts-as-war-breaks-the-gulf-hub-and-spoke-model\/\" style=\"\">188k bbl \/ d<\/a> in June.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>A rise on paper:<\/strong> \u201cThe group will continue to unwind the voluntary cuts, but only on paper, because there will be no real increase under the current situation in Hormuz,\u201d Kpler\u2019s head of Middle East Energy Analysis Amena Bakr <a target=\"_blank\" href=\"https:\/\/asharqbusiness.com\/power\/135496\/%D8%A3%D9%88%D8%A8%D9%83-%D8%A8%D9%84%D8%B3-%D9%8A%D8%B9%D9%82%D8%AF-%D8%A7%D8%AC%D8%AA%D9%85%D8%A7%D8%B9%D8%A7-%D9%8A%D8%A8%D8%AF%D9%88-%D8%B1%D9%85%D8%B2%D9%8A%D8%A7-%D9%81%D9%8A-%D8%B8%D9%84-%D8%A7%D8%B3%D8%AA%D9%85%D8%B1%D8%A7%D8%B1-%D8%A3%D8%B2%D9%85%D8%A9-%D9%87%D8%B1%D9%85%D8%B2\/\" style=\"\">said<\/a>. Producers with limited optionality \u2014 such as Iraq and Kuwait \u2014 remain unable to bring additional barrels to the market even if higher output targets are approved.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>An empty seat: <\/strong>The meeting is the second gathering since the UAE\u2019s exit, raising questions over how production quotas will eventually be redistributed among the remaining members.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>A post-crisis plan is in place:<\/strong> Once shipping through Hormuz resumes, Iraq and Kuwait are expected to ramp up production to recover <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/posts\/iraq-has-warned-it-could-face-a-fiscal-disaster-share-7469315121178218496-iwr3\/?utm_source=share&utm_medium=member_desktop&rcm=ACoAACYqwTIBgHbxmYBbybv2Ft9Z0HNjwtCXARc\" style=\"\">revenues lost<\/a> during the disruption, unlike Saudi Arabia, which retains export routes that bypass the strait.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">\n<p class=\"tag-border-left\">Europe\u2019s turn to probe Paramount<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <a id=\"wwtt2\"><\/a> <strong>Paramount\u2019s proposed Gulf-backed takeover of Warner Bros. Discovery is running into a new obstacle in Europe<\/strong>, where regulators are examining whether the agreement\u2019s state-linked financing could distort competition \u2014 and may push the company to sell off parts of its children\u2019s TV portfolio to get the merger over the line, <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2026-06-06\/paramount-open-to-divest-kids-tv-assets-in-eu-probe-of-110-billion-warner-deal?embedded-checkout=true\" style=\"\">Bloomberg<\/a> reports.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>What\u2019s happening: <\/strong>The USD 110 bn Paramount-Warner Bros. Discovery takeover is being reviewed under the EU\u2019s Foreign Subsidies Regulation, which gives Brussels the power to investigate whether foreign state support gives companies an unfair advantage in the bloc. According to Bloomberg, officials are weighing whether remedies could include divestments tied to children\u2019s network assets as a condition for approval.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Why it matters: <\/strong>Any forced sale would add pressure on Paramount to line up buyers for those assets on a tight timetable, potentially weakening its negotiating position and complicating the path to closing one of the year\u2019s biggest media tie-ups.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REMEMBER- <\/strong>The agreement is backed by roughly USD 24 bn from the Public Investment Fund, Abu Dhabi\u2019s L\u2019Imad, and the Qatar Investment Authority. That financing has already drawn political attention in Washington, with democratic senators previously <a target=\"_blank\" href=\"https:\/\/enterpriseam.com\/uae\/2026\/05\/22\/this-morning-dubai-investments-park-is-still-pushing-ahead-with-ipo-plans-bildco-looks-to-oman-for-logistics-project\/\" style=\"\">calling<\/a> for a \u201crigorous and thorough review\u201d of the foreign investment involved, while FCC commissioner Anna Gomez <a target=\"_blank\" href=\"https:\/\/enterpriseam.com\/uae\/2026\/05\/06\/this-morning-dfsa-clarifies-islamic-finance-rules-standard-chartered-eyes-uae-expansion\/\" style=\"\">separately raised concerns<\/a> about foreign ownership of broadcasting assets.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>What's next: <\/strong>Paramount faces an initial EU deadline of 7 July. Regulators can clear the move, accept remedies, or open a deeper probe that could delay one of the year's biggest media mergers by several months.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\"> Qemah considers Nomu listing<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><a id=\"wwtt3\"><\/a> <strong>Car auction<\/strong><strong> platform <\/strong><strong><a target=\"_blank\" href=\"https:\/\/qemah.sa\/\" style=\"\">Qemah<\/a><\/strong><strong> is considering an IPO of 30% of its shares on <\/strong><strong>Nomu within the next two years<\/strong>, CEO Abdullah bin Sammar told the <a target=\"_blank\" href=\"https:\/\/asharqbusiness.com\/companies\/135489\/%D9%82%D9%85%D8%A9-%D8%A7%D9%84%D8%B3%D8%B9%D9%88%D8%AF%D9%8A%D8%A9-%D9%84%D9%85%D8%B2%D8%A7%D8%AF%D8%A7%D8%AA-%D8%A7%D9%84%D8%B3%D9%8A%D8%A7%D8%B1%D8%A7%D8%AA-%D8%AA%D8%AF%D8%B1%D8%B3-%D8%B7%D8%B1%D8%AD-%D8%A3%D8%B3%D9%87%D9%85%D9%87%D8%A7-%D9%81%D9%8A-%D9%86%D9%85%D9%88\/\" style=\"\">Arabic press<\/a>. The platform expects its valuation to reach around SAR 2 bn at the offering \u2014 potentially placing it among the largest firms listed on the Tadawul parallel market, which has a total market cap of around SAR 40 bn.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>About Qemah: <\/strong>The platform offers services such as vehicle inspections, accident-history reports, repairs, ins., financing, and new-car listings. The app surpassed 1 mn downloads in its first year, with the total value of auctions conducted through it exceeding SAR 3 bn.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REMEMBER- Nomu\u2019s been seeing strong momentum this year<\/strong>, with MSGA Investment poised to float 11.1 mn shares on the parallel market <a target=\"_blank\" href=\"https:\/\/enterpriseam.com\/ksa\/2026\/06\/01\/real-estate-developer-msga-is-heading-to-nomu\/\" style=\"\">next week<\/a> \u2014 equivalent to 10% of its IPO capital of 111.1 mn shares. Mayar Holding subsidiary Ziorak also <a target=\"_blank\" href=\"https:\/\/enterpriseam.com\/ksa\/2026\/05\/05\/this-morning-ziorak-moves-towards-parallel-market-debut\/\" style=\"\">plans<\/a> to submit an application to the Capital Markets Authority to list 30% of its shares, while KDL Logistics listed on Nomu <a target=\"_blank\" href=\"https:\/\/enterpriseam.com\/ksa\/2026\/01\/06\/aramco-is-introducing-98-octane-fuel-to-key-cities\/\" style=\"\">earlier this year<\/a>.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">Saudi slashes crude prices for Asian buyers <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Aramco <\/strong><strong>has reduced the price of its flagship Arab Light crude for Asian buyers <\/strong>by USD 6 per barrel for July, setting the new cost at a USD 9.50 premium above local benchmarks, according to a price list seen by <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2026-06-08\/saudis-cut-july-oil-prices-to-asia-though-still-at-decades-high?srnd=phx-economics-v2\" style=\"\">Bloomberg<\/a>. This marks the second straight month that the oil giant has slashed prices for Asian buyers, following a <a target=\"_blank\" href=\"https:\/\/enterpriseam.com\/ksa\/2026\/04\/29\/saudi-arabia-to-cut-oil-prices-for-asia\/\" style=\"\">widely expected<\/a> cut for June.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The price cut may be associated with Saudi oil refineries making less money<\/strong>, as consumers recoil amid high prices stemming from the Hormuz debacle. <\/p>\n<p class=\"tag-border-left\">Data point<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>1.7 mn<\/strong><strong> \u2013 that\u2019s the number of pilgrims who took part in this year\u2019s Hajj<\/strong>, 34k more than <a target=\"_blank\" href=\"https:\/\/enterpriseam.com\/ksa\/2025\/06\/11\/asian-companies-are-in-early-talks-to-list-on-tadawul-al-rumaih\/\" style=\"\">last year<\/a>, according to <a target=\"_blank\" href=\"https:\/\/ent.news\/2026\/6\/409.pdf\" style=\"\">data (pdf)<\/a> from the General Authority for Statistics. Around 1.55 mn were foreign pilgrims, while 160.6k were citizens and residents. Some 1.49 mn (95.1%) entered the Kingdom through airports, while 54.4k arrived by land and 6.5k by sea.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<hr style=\"height:2px;border-width:0;color:gray;background-color:gray\">\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2026\/6\/374.jpg?ssl=1\"\/><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">You\u2019ve spent decades building wealth, and the question now isn\u2019t how to make money \u2014 it\u2019s how to make sure it survives you, works across borders, and doesn\u2019t quietly erode while you\u2019re not looking. The rules have changed. Egyptian real estate, once a near-guaranteed store of value, is competing with markets in Greece, Spain, and Dubai.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">Whether it\u2019s art as an asset, crowd-funding, or the tax implications quietly stacking up behind that second passport, the toolkit for serious capital deployment has expanded faster than most conventional advice \u2014 or most advisors \u2014 have.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">In Issue 3 of <strong>EnterpriseAM Money Matters<\/strong>, we cover the decisions that matter most when you\u2019re at the stage where capital preservation is just as important as capital growth \u2014 and where getting it wrong is no longer something you can simply recover from.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><a target=\"_blank\" href=\"https:\/\/sub.ent.news\/eg\/\" style=\"\">Tap or click here to subscribe to the Egypt edition<\/a>, delivered to your inbox on Wednesday, 10 June. <\/p>\n<div class=\"row\">\n<div class=\"col-md-12 subscribe-box-panel\">\n<div class=\"\">\n<div class=\"title\">\n<h4 class=\"fw-lighter mb-10\">   Get <b style=\"font-weight: 700\">Enterprise<\/b> daily   <\/h4>\n<\/p><\/div>\n<p class=\"mb-10\">The roundup of news and trends that move your markets and shape corporate agendas delivered straight to your inbox.<\/p>\n<p>  <a target=\"_blank\" href=\"ksa\/en\/user\/NewsLetters\" class=\"btn-green px-3 d-flex align-items-center\">Subscribe here<\/a>  <\/div>\n<\/p><\/div>\n<\/p><\/div>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>***<\/strong><strong>You\u2019re reading EnterpriseAM Saudi<\/strong>, your essential daily roundup of business, economics, and must-read news about Saudi, delivered straight to your inbox. We\u2019re out Sunday through Thursday by 7am Riyadh time.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>EnterpriseAM Saudi is available without charge <\/strong>thanks to the generous support of our friends at Tas\u2019heel and Hassan Allam Properties.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Want to send us a story idea<\/strong>, request coverage, ask for a correction, or otherwise get in touch? Reach out to us on <a target=\"_blank\" href=\"mailto:climate@enterprisemea.com\" style=\"\">saudi@enterpriseAM.com<\/a>.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>DID YOU KNOW <\/strong>that we also cover <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\" style=\"\">Egypt<\/a>, <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\" style=\"\">the UAE<\/a>, the MENA <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\" style=\"\">logistics<\/a> industry, and the <a target=\"_blank\" href=\"https:\/\/enterprise.news\/mena-india\/en\" style=\"\"><\/a><a target=\"_blank\" href=\"https:\/\/enterprise.news\/mena-india\/en\" style=\"\">MENA <> India<\/a> corridor?<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Were you forwarded this email? <\/strong><a target=\"_blank\" href=\"https:\/\/enterpriseam.com\/ksa\/newsletters\/\" style=\"\">Tap or click here<\/a> to get your own copy of EnterpriseAM Saudi delivered every weekday.<br \/><strong>***<\/strong><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">The big story abroad <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Iran's first <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.nytimes.com\/live\/2026\/06\/07\/world\/iran-israel-missiles\" style=\"\">strike on Israel<\/a><\/strong><strong> since the April ceasefire and Israel\u2019s <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2026-06-07\/israel-says-it-identified-incoming-missiles-launched-from-iran?srnd=homepage-middle-east\" style=\"\">retaliatory salvo<\/a><\/strong><strong> are leading today\u2019s news cycle. <\/strong>The Israeli military claims to have intercepted all the missiles and no casualties have been reported. The Islamic Revolutionary Guards Corps called the barrage retaliation for Tel Aviv\u2019s strikes on Lebanon, claiming the Israeli attacks violated ceasefire terms, and vowed to continue strikes if hostilities resume. Israel fired back by targeting western and central Iran. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Israel must accept a truce, Trump says: <\/strong>US President Donald Trump <a target=\"_blank\" href=\"https:\/\/www.ft.com\/content\/a0ce59f9-fbde-49e8-9158-fba3d4079859?syn-25a6b1a6=1\" style=\"\">said<\/a> that Israeli Prime Minister Benjamin Netanyahu \u201cwon\u2019t have any choice\u201d but to accept any resolution Washington closes with Tehran. In a phone call with Netanyahu, Trump <a target=\"_blank\" href=\"https:\/\/www.axios.com\/2026\/06\/07\/trump-israel-iran-missile-attack\" style=\"\">pressed<\/a> the Israeli leader not to retaliate. \u201cIsrael had its strike, and Iran had its strike. We don't need another one,\u201d Trump was quoted as saying.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Speaking of which: <\/strong>Trump has <a target=\"_blank\" href=\"https:\/\/www.ft.com\/content\/056789c0-d316-4b02-be24-2f75208790dd?syn-25a6b1a6=1\" style=\"\">publicly urged<\/a> Federal Reserve Chair Kevin Warsh to cut interest rates, escalating tensions just before Warsh\u2019s inaugural policy meeting. Trump\u2019s demands run counter to current market expectations, which are inclined toward higher borrowing costs following a surge in US employment numbers.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>A new and improved ChatGPT: <\/strong>OpenAI\u2019s <a target=\"_blank\" href=\"https:\/\/www.ft.com\/content\/ca0f5f5e-fb9a-41a0-a2a9-0127e15b7db9?syn-25a6b1a6=1\" style=\"\">biggest revamp<\/a> since its launch of ChatGPT will involve repositioning the chatbot into a \u201csuperapp,\u201d which will merge coding tools and AI agents. The changes come as part of a broader evolution at the AI startup, whereby it will shift resources to secure lucrative customers and compete more aggressively with rival Anthropic.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Meanwhile, a high stakes battle unfolds in Italy\u2019s banking sector: <\/strong>Italian banking giants Intesa Sanpaolo and BPER Banca <a target=\"_blank\" href=\"https:\/\/www.ft.com\/content\/a14f2550-b3af-4893-b09c-3d3d845f4a51?syn-25a6b1a6=1\" style=\"\">teamed up<\/a> to structure a joint counter-proposal to take over Monte dei Paschi di Siena (MPS) \u2014 considered to be the world\u2019s oldest bank. The move came hours after Banco BPM floated an EUR 50 bn tie-up with MPS.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Plus: Paramount\u2019s proposed Gulf-backed takeover of Warner Bros. Discovery faces yet another hurdle<\/p>\n","protected":false},"author":1,"featured_media":109757,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[2540],"tags":[10,514,9],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-109756","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-what-were-tracking-today","tag-enterpriseam-ksa","tag-opec-2","tag-what-were-tracking-today","wpautop","entry"],"acf":{"mongo_id":"80d1dde8-9a1f-4489-9f17-6f336cbe9d8f","order":"2","is_powered_by":false,"story_type":"4","photo_url":"https:\/\/ent.news\/2025\/3\/692.jpg","photo_position":"above","homepage_title":"","full_issue_title":"OPEC+ increases production quotas\u2026again","related_issue":[109754],"teaser":"Plus: Paramount\u2019s proposed Gulf-backed takeover of Warner Bros. Discovery faces yet another hurdle"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Another quota hike from OPEC+ - KSA<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/ksa\/2026\/06\/08\/another-quota-hike-from-opec\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Another quota hike from OPEC+\" \/>\n<meta property=\"og:description\" content=\"Plus: Paramount\u2019s proposed Gulf-backed takeover of Warner Bros. 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