OPEC+ agrees raise oil production by 137,000 bpd in November
ReutersOct 5, 2025 11:23 AM
Oct 5 (Reuters) - Eight OPEC+ countries agreed on Sunday to raise oil production by 137,000 barrels per day (BPD) in November, the group said in a statement.
OPEC+ has reversed its strategy of output cuts from April to boost market share and in response to pressure from U.S. President Donald Trump, seeking lower oil prices.
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