OPEC+ plans additional oil output hike starting November

OPEC+ plans to raise oil production by at least 137,000 barrels per day starting in November

OPEC+ plans to raise oil production by at least 137,000 barrels a day (bpd) starting in November, Reuters reported, citing sources.

 

The sources said higher oil prices are encouraging the group to push further to reclaim market share.

 

OPEC+ is scheduled to meet on Sunday, though no final decision has yet been made.

 

The group had already agreed earlier this month to raise production by 137,000 bpd in October 2025, according to data compiled by Argaam.

Comments {{getCommentCount()}}

Be the first to comment

{{Comments.indexOf(comment)+1}}
{{comment.FollowersCount}}
{{comment.CommenterComments}}

رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}

{{comment.DisplayName}} حساب موثّق

{{comment.ElapsedTime}}
loader Train
loader Train
Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.

Commodity Price

 
Brent Crude Oil
69.69
0.71 1.02%
Nymex
65.45
0.74 1.13%

Popular Links

Quick Links

Join Us

Argaam.com Copyright © 2025, Argaam Investment, All Rights Reserved
Call Request