Oil
Is OPEC+ now putting pressure on oil?
OPEC+ decides in favour of a modest increase in oil production in the face of growing concerns about oversupply.
10/6/2025
OPEC+ will raise oil output by 137,000 barrels per day (bpd) from November, it told Reuters on Sunday, opting for the same rather modest monthly increase as in October amid persistent concerns about the threat of oversupply.The group, which includes the Organisation of the Petroleum Exporting Countries as well as Russia and some smaller producers,…
