market share

OPEC+ to raise oil production by 547,000 bpd; move aimed at reclaiming market share

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The Voluntary Eight (V8) members of OPEC+ have agreed to increase oil production by 547,000 barrels per day starting September 2025, aiming to regain market ...

Oil market watch: Saudi, Russia-led OPEC+ eyes fresh hike for August

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OPEC+ members, including Saudi Arabia and Russia, are expected to agree on a 411,000 barrels per day production increase for August, continuing their strategy of ...