Two questions stand out after the decision by OPEC+ to accelerate increases in crude oil output: who is going to buy the extra crude, and will the group actually export the additional barrels they say they are going to produce?

Oil prices dropped significantly during Asian trading hours on Monday after OPEC+ revealed plans to raise production by more than anticipated for August, sparking worries about a potential glut in the market.

Futures for Brent crude dropped 47 cents, or 0.69%, to $67.83 per barrel, while West Texas Intermediate (WTI) fell 95 cents, or 1.42%, to $66.05 per barrel. The Organization of the Petroleum Exporting Countries and its allies,