Multiple outlets report that OPEC+ is preparing to adjust oil production levels for August. Investing.com says OPEC+ is reportedly expected to approve another increase in output for August. Separately, The Economic Times states that OPEC+ will adjust August production and that its next meeting is scheduled for Aug. 2. The reporting suggests OPEC+ is continuing the step-by-step approach to changing supply, but the specific size and details of the August increase are not provided in the supplied summaries. The timing of the decision is tied to the upcoming Aug. 2 meeting, where member countries discuss production policy. Overall, the coverage converges on two points: an additional output adjustment for August is under consideration and the decision will be addressed at the next scheduled OPEC+ gathering on Aug. 2. No other concrete figures or official confirmation are included in the provided text.