‎8 OPEC+ members agree to 137,000 bpd output hike in October

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Logo ofOPEC

Eight OPEC+ members — Saudi Arabia, Russia, Iraq, the UAE, Kuwait, Kazakhstan, Algeria, and Oman — agreed today, Sept. 7, to implement a production adjustment of 137,000 barrels per day (bpd) from the group’s additional 1.65 million-bpd voluntary cuts, effective October 2025.

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Logo ofOPEC

Eight OPEC+ members — Saudi Arabia, Russia, Iraq, the UAE, Kuwait, Kazakhstan, Algeria, and Oman — agreed today, Sept. 7, to implement a production adjustment of 137,000 barrels per day (bpd) from the group’s additional 1.65 million-bpd voluntary cuts, effective October 2025.