opec oil production

Oil output move: Opec+ announces fresh 137,000 bpd hike from December; aims to protect market share amid US shale slowdown

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Opec+ nations, including Saudi Arabia and Russia, will boost oil output by 137,000 barrels daily from December for three months. This modest rise, a pause ...

OPEC+ announces sharp increase in July oil production

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Saudi Arabia, Russia and six other key OPEC+ members announced on Saturday a huge increase in crude production for July. But in early 2025, OPEC+ ...