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OPEC+ set to complete big oil output cut unwinding in Sept, sources say

  • OPEC+ oil producers are expected to approve a production increase of around 550,000 barrels per day for September, completing the unwinding of cuts by eight members, according to five sources.
  • Since April, the group's total production increases will reach 2.47 million bpd, just under 2.5% of global demand, according to five sources.
  • Saudi Arabia will pump close to 10 million bpd, while the UAE will output approximately 3.375 million bpd, based on information from five sources.
  • The UAE is benefiting from an accelerated unwinding of quota increases, Richard Bronze from Energy Aspects noted.
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  • 57% of the sources are Center
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Market Screener broke the news in on Monday, July 7, 2025.
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