US EditionOPEC+ to Raise Oil Production by 137,000 Barrels per Day
7 Articles
7 Articles
OPEC+ to increase oil production in November
A group of countries that are part of the OPEC+ alliance of oil-exporting countries has agreed to a small boost in oil production, citing a steady global economic outlook. The group said after a virtual meeting on Sunday that it will raise oil production by 137,000 barrels per day in November, the same amount it announced for October. The group has been raising output slightly in a series of boosts all year, after announcing cuts in 2023 and 202…
The Organization of Petroleum Exporting Countries and its allies (OPEC+) decided this Sunday a modest increase in global crude production of 137,000 barrels per day from November, as reported by the organization in an official communiqué. The measure, disseminated by Bloomberg, reflects an attempt to balance the interests of Saudi Arabia, which seeks to recover market share, and Russia, more concerned with sustaining prices in the face of an ove…
Oil benefits from an increase in Opep+ production below expectations Admin FCE 06 Oct 2025 - 21:20 Oil prices resumed a bit of air on Monday, supported by an increase in production quotas of members of the Organization of Exporting Countries and its allies (Op+) lower than expected.The price of the Brent barrel of the North Sea, for delivery in December, increased 1.46% to 65.47 dollars.Its US equivalent, the barrel of West Texas Intermediate (W…
Oil rises after OPEC+ hikes output less than expected – Oil & Gas 360
(Investing) – NEW YORK -Oil prices rose by about $1 on Monday after OPEC+’s planned production increase for November was more modest than expected, tempering some concerns about supply additions, though a soft outlook for demand is likely to cap near-term gains. Brent crude futures climbed $1.07, or 1.66%, to $65.60 a barrel by 12:52 p.m. EDT (1652 GMT), while U.S. West Texas Intermediate crude was at $61.84, up 96 cents, or 1.58%. “The market f…
Coverage Details
Bias Distribution
- 34% of the sources lean Left, 33% of the sources are Center, 33% of the sources lean Right
Factuality
To view factuality data please Upgrade to Premium
