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OPEC+ Makes Another Large Output Increase
Financial Express Pune
|August 04, 2025
OPEC+ agreed on another bumper oil production increase for September, completing its current tranche of supply revival one year early, and indicated it may consider reviewing the next layer of cuts.
Saudi Arabia and its partners agreed on a video conference to add 547,000 barrels a day next month. This completes the reversal of a 2.2 million-barrel cutback made by eight members in 2023, and also includes an extra allowance being phased in by the United Arab Emirates. The call lasted just 16 minutes, one of the delegates said.
यह कहानी Financial Express Pune के August 04, 2025 संस्करण से ली गई है।
हजारों चुनिंदा प्रीमियम कहानियों और 10,000 से अधिक पत्रिकाओं और समाचार पत्रों तक पहुंचने के लिए मैगज़्टर गोल्ड की सदस्यता लें।
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