US EditionGlobal Oil Supply Hits Record High in August Amid Rising Production, IEA Reports - TV360 Nigeria
This story is only covered by news sources that have yet to be evaluated by the independent media monitoring agencies we use to assess the quality and reliability of news outlets on our platform. Learn more here.2 Articles
2 Articles
Global Oil Supply Hits Record High in August Amid Rising Production, IEA Reports - TV360 Nigeria
Global oil production reached a record 106.9 million barrels per day (mbd) in August 2025, driven by output increases from key OPEC+ members and non-OPEC producers, according to the International Energy Agency (IEA). Since April, eight major OPEC+ countries including Saudi Arabia and Russia have gradually boosted production after years of restrictions, with another production hike announced recently. Meanwhile, non-OPEC nations such as the Unite…
On September 11, 2025, the International Energy Agency (IEA) published its latest Oil Market Report. The document confirms that world oil production reached an unprecedented peak at the end of the summer. With 106.9 million barrels per day, the sector signs a new record, driven by an abundant supply of non-OPEC producers. Record production, dominated by non-OPEC countries After the IEA, oil production reached 106.9 million barrels per day in Aug…
Coverage Details
Bias Distribution
- There is no tracked Bias information for the sources covering this story.
Factuality
To view factuality data please Upgrade to Premium
