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OPEC+ makes another large oil output hike in market share push

The hike is the latest in a series of accelerated output increases, as concerns mount over potential supply disruptions linked to Russia.

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cnbc.comStai leggendo11 mesi fa

OPEC+ makes another large oil output hike in market share push

The hike is the latest in a series of accelerated output increases, as concerns mount over potential supply disruptions linked to Russia.

originale

fortune.com10 mesi fa

Lower gas prices could follow from OPEC+ boosting production by 547,000 barrels per day

Brent crude oil has been trading near $70 per barrel, which could be due to a potential loss of Russian oil on the market and a large rise in crude inventories in China, per Clearview Energy Partners.

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Timeline cronologica

domenica 3 agosto 2025·tass.com
Eight OPEC+ countries to increase oil production by 547,000 bpd in September
The eight OPEC + countries are Saudi Arabia, Russia, Iraq, UAE, Kuwait, Kazakhstan, Algeria, and Oman
domenica 3 agosto 2025·arabnews.com
OPEC+ to raise oil output by 547,000 bpd in September
RIYADH: The OPEC+ alliance has agreed to increase oil production by 547,000 barrels per day in September, citing improved global economic prospects and stable market fundamentals.…

OPEC+ makes another large oil output hike in market share push

Lower gas prices could follow from OPEC+ boosting production by 547,000 barrels per day

Timeline cronologica

Eight OPEC+ countries to increase oil production by 547,000 bpd in September

OPEC+ to raise oil output by 547,000 bpd in September

OPEC+ to raise oil output by 547,000 bpd in September

Eight OPEC+ countries to increase oil production by 547,000 bpd in September

OPEC+ makes another large oil output hike in market share push

Lower gas prices could follow from OPEC+ boosting production by 547,000 barrels per day