OPEC+ to Increase Oil Production by 547,000 Barrels Per Day in September Amid Market Stabilisation
VIENNA, August 4, 2025 — The Organization of the Petroleum Exporting Countries and its allies (OPEC+) have announced a coordinated decision to raise crude oil output by 547,000 barrels per day (bpd) starting September 2025, citing signs of a stabilising global oil market and improved demand dynamics. The decision followed a high-level ministerial meeting held