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84 new news items in the last 24 hours
  1. Home
  2. Economy

OPEC+ has shifted from production cuts to increases in order to regain market share

Sanziana Georgescu
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29 September 2025, 08:09
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Economy
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After a prolonged period in which OPEC+ tried to stabilize prices through significant production cuts, the organization decided to change its strategy in April 2025. It abandoned the policy of restricting production and began to gradually increase oil deliveries, aiming to regain lost market share. This change reflects an adaptation to market conditions and the need to respond to global demand.

Sources

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Capital
OPEC+ ar putea crește producția de petrol în noiembrie. O decizie va fi luată la final de săptămână
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Profit.ro
OPEC+ vizează creșterea producției
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NewMoney.ro
OPEC+ plănuieşte o nouă creştere a producţiei de petrol în noiembrie
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Economedia
OPEC+ ar putea decide creșterea producției de petrol

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NEWS ON THE SAME TOPICS

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Economy
OPEC+ will increase oil production by 188,000 barrels per day starting in June, following a videoconference. The seven participating countries are monitoring market conditions.
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The prices of oil have dropped on Monday, after OPEC+ decided to increase production by 188,000 bpd starting in August. Exports from the Gulf are recovering.
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OPEC expects a smaller impact on oil consumption and forecasts a recovery in demand by the end of the year
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OPEC+ will discuss a new increase in production quotas at the meeting on Sunday, but without the contribution of the United Arab Emirates.
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OPEC has lowered its estimates for global oil demand growth in 2026, due to the impact of the war in the Middle East and the closure of the Strait of Hormuz.
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The United Arab Emirates supports that leaving OPEC is a 'sovereign and strategic' decision. The Minister of Energy emphasized that the withdrawal does not reflect political tensions.
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OPEC+ Increase production petrol

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