OPEC+ makes another large oil output hike in market share push

  • Posted on August 3, 2025
  • By CNN
  • 3 Views
OPEC+ makes another large oil output hike in market share push

OPEC+ agreed on Sunday to raise oil production by 547,000 barrels per day for September, the latest in a series of accelerated output hikes to regain market share, as concerns mount over potential supply disruptions linked to Russia.
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