OPEC Plus: Oil Production Increase on the Horizon
Update: 2025-09-07
Description
OPEC Plus is at a crossroads! Will their next move to slightly increase oil production, starting in October, actually lower prices? Despite previous output increases, prices remain stubbornly high due to sanctions and limited spare capacity among members, putting pressure on Saudi Arabia and the UAE. With major production cuts still in place, all eyes are on Sunday's meeting to see if they'll unwind these cuts sooner than expected and how it will impact global oil prices.
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