Monday, 09/08/2025
OPEC+ to Boost Oil Production from October Amid Rising Oversupply Concerns
The Organization of the Petroleum Exporting Countries and its allies (OPEC+) announced that it will raise crude output by 137,000 barrels per day (bpd) starting in October 2025, as the alliance accelerates its strategy to reclaim market share in the face of weakening global demand.