By Alexander Bueso
Date: Sunday 07 Sep 2025
(Sharecast News) - OPEC+ will boost production again starting from the following month. Eight of the cartel's members, including Saudi Arabia, which wants to regain market share, will increase output by a combined 137,000 barrels a day. The idea is to begin reversing a cumulative 1.65m barrel a day reduction more than one year early. Another reduction that had previously been carried out worth 2m barrels a day is expected to remain in place until the end of 2026. President Trump has been pressuring the group to hike output. - Sunday Times
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Change Today | -1.18 |
% Change | -0.02 % |
05-Sep-25 Close | 4,981.40 |
Year End | 31-Dec-07 |
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