search icon
search icon
Flag Arrow Down
Română
Română
Magyar
Magyar
English
English
Français
Français
Deutsch
Deutsch
Italiano
Italiano
Español
Español
Русский
Русский
日本語
日本語
中国人
中国人

Change Language

arrow down
  • Română
    Română
  • Magyar
    Magyar
  • English
    English
  • Français
    Français
  • Deutsch
    Deutsch
  • Italiano
    Italiano
  • Español
    Español
  • Русский
    Русский
  • 日本語
    日本語
  • 中国人
    中国人
Sections
  • News
  • Exclusive
  • INSCOP Surveys
  • Podcast
  • EU
  • Diaspora
  • Republic of Moldova
  • Politics
  • Economy
  • Current Affairs
  • International
  • Sport
  • Health
  • Education
  • IT&C knowledge
  • Arts & Lifestyle
  • Opinions
  • Elections 2025
  • Environment
About Us
Contact
Privacy policy
Terms and conditions
Quickly scroll through news digests and see how they are covered in different publications!
  • News
  • Exclusive
    • INSCOP Surveys
    • Podcast
    • EU
    • Diaspora
    • Republic of Moldova
    • Politics
    • Economy
    • Current Affairs
    • International
    • Sport
    • Health
    • Education
    • IT&C knowledge
    • Arts & Lifestyle
    • Opinions
    • Elections 2025
    • Environment
118 new news items in the last 24 hours
  1. Home
  2. Economy

The OPEC+ alliance decided to increase oil production by 548,000 barrels a day in August, continuing the upward trend for the fourth consecutive month.

Raluca Ioana Draghici
whatsapp
facebook
linkedin
x
copy-link copy-link
6 July 2025, 06:05
main event image
Economy
www.shutterstock.com
google-preference

Always see our news on Google

OPEC+ will increase oil production by 548,000 bpd in August amid market volatility sparked by the attacks on Iran. This is the fourth consecutive month of increases after the group maintained cuts from 2022 to support prices. The increase will come from eight members of the alliance, which have started to phase out restrictions. Although some countries have exceeded quotas, OPEC+ justifies the decision with a stable global economic outlook. The next meeting will take place on August 3.

Sources

sursa imagine
Stiripesurse
Alianţa OPEC+ a convenit sâmbătă să majoreze producţia de petrol
sursa imagine
News.ro
OPEC+ accelerează creşterea producţiei de petrol: creştere cu 548.000 de barili/zi în august
sursa imagine
Financial Intelligence
Membrii OPEC+ convin asupra unei creșteri mai mari decât se aștepta a producției de petrol în august
sursa imagine
Economica
OPEC+ va crește producția de petrol în luna august cu 548.000 de barili pe zi

Latest News

17:23

The heat waves in Italy have led to the death of five agricultural workers, including a 19-year-old Romanian.

17:19

EBA recomandă amânarea controalelor asupra noilor reguli care separă activitățile de tranzacționare ale băncilor de restul operațiunilor

17:19

European interior ministers agreed that the Schengen area is not the problem of migration, but the solution, following the crisis in Ceuta.

17:19

Twenty-one EU member states do not use artificial intelligence in their anti-fraud strategies.

17:19

The EU supports 68 projects with 105.2 million euros for the safe connection and reuse of medical data.

See more news

NEWS ON THE SAME TOPICS

event image
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.
event image
Economy
OPEC expects a smaller impact on oil consumption and forecasts a recovery in demand by the end of the year
event image
International
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.
event image
International
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.
event image
Economy
OPEC rejects the IEA forecast regarding the oil surplus in 2027
event image
Economy
OMV reports a decrease in hydrocarbon production, but an increase in profit.
app preview
Personalized news feed, AI-powered search, and notifications in a more interactive experience.
app preview app preview
OPEC+ production oil production growth oil price

Editor’s Recommendations

main event image
Current Affairs
2 hours ago

President Nicușor Dan has promulgated the law regarding the declaration of a state of crisis in the oil market and has extended the deadline for reduced VAT on housing.

Sources
imagine sursa
imagine sursa
imagine sursa
imagine sursa
imagine sursa
+2
main event image
Politics
1 hour ago

Dragoș Pîslaru warned that amendments to the decarbonization legislation could block payment requests from the PNRR and could lead to losses of billions of euros.

Sources
imagine sursa
imagine sursa
imagine sursa
main event image
Current Affairs
5 hours ago

The Bucharest Court of Appeal suspended the Bolojan Government's regulations regarding the suspension of licenses for drivers with unpaid fines, at the request of the PSD.

Sources
imagine sursa
imagine sursa
imagine sursa
main event image
Exclusive
5 hours ago

EXCLUSIVE Romania, Trump and the new Atlantic equation: how much is the bet on a single man worth

main event image
Exclusive
7 hours ago
Original Content

August 4, 2026. TV: What was discussed last night on the news channels

main event image
International
2 hours ago

Three nuclear reactors have been shut down in France due to extreme temperatures

Sources
imagine sursa
imagine sursa
app preview
Personalized news feed, AI-powered search, and notifications in a more interactive experience.
app preview
app store badge google play badge
  • News
  • Exclusive
  • INSCOP Surveys
  • Podcast
  • EU
  • Diaspora
  • Republic of Moldova
  • Politics
  • Economy
  • Current Affairs
  • International
  • Sport
  • Health
  • Education
  • IT&C knowledge
  • Arts & Lifestyle
  • Opinions
  • Elections 2025
  • Environment
  • About Us
  • Contact
Privacy policy
Cookies Policy
Terms and conditions
Open source licenses
All rights reserved Strategic Media Team SRL

Technology in partnership with

anpc-sal anpc-sol