Goldman Sachs $GS forecasts that the oil-producing alliance OPEC+, which includes major exporters such as Saudi Arabia and Russia, will raise its output by 410,000 barrels per day (bpd) in August. The projection, published in the bank's latest research note, follows the group’s decision on Saturday to increase July production by the same volume, signaling a clear intent to regain market share and exert pricing discipline on downstream refiners.