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Tag: global oil production

OPEC+ to raise oil production by 137,000 barrels a day in November

Posted on October 5, 2025 By admin
OPEC+ to raise oil production by 137,000 barrels a day in November

OPEC, generally more optimistic in its reports, expects global oil demand to increase by 1.3 million barrels a day in 2025 and by another 1.4 million in 2026. File | Photo Credit: Reuters Saudi Arabia, Russia and six other members of OPEC+ on Sunday (October 5, 2025) decided to raise their production quotas by 137,000…

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