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129 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.

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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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NEWS ON THE SAME TOPICS

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Economy
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 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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OMV reports a decrease in hydrocarbon production, but an increase in profit.
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OPEC rejects the IEA forecast regarding the oil surplus in 2027
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OPEC+ petrol increased production September

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