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49 new news items in the last 24 hours
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  2. Economy

OPEC+ decided to increase oil production by 547,000 barrels a day in September in response to global demand and supply fears.

Raluca Ioana Draghici
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3 August 2025, 19:34
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The OPEC+ alliance has agreed to increase oil production by 547,000 barrels a day in September amid fears over Russian supplies. The decision marks a reversal of previous cuts, bringing the total increase to around 2.5 million barrels a day. Despite the increases, oil prices have remained high and OPEC+ will meet again on September 7 to discuss possible removal of the current cuts.

Sources

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News.ro
OPEC+ majorează din nou producţia de petrol, într-o mişcare strategică pentru recâştigarea cotei de piaţă
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France24
Eight OPEC+ countries raise production by 547,000 bpd
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Financial Intelligence
OPEC+ majorează din nou producţia de petrol, într-o mişcare strategică pentru a-și consolida cota de piață

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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+ petrol increased production September

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