‎OPEC+ plans additional oil output hike starting November

‎OPEC+ plans additional oil output hike starting November ‎OPEC+ plans additional oil output hike starting November

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OPEC+ plans to raise oil production by at least 137,000 barrels per day starting in November

OPEC+ plans to raise oil production by at least 137,000 barrels a day (bpd) starting in November, Reuters reported, citing sources.

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The sources said higher oil prices are encouraging the group to push further to reclaim market share.

OPEC+ is scheduled to meet on Sunday, though no final decision has yet been made.

The group had already agreed earlier this month to raise production by 137,000 bpd in October 2025, according to data compiled by Argaam.

 

OPEC+ plans to raise oil production by at least 137,000 barrels per day starting in November

OPEC+ plans to raise oil production by at least 137,000 barrels a day (bpd) starting in November, Reuters reported, citing sources.

The sources said higher oil prices are encouraging the group to push further to reclaim market share.

OPEC+ is scheduled to meet on Sunday, though no final decision has yet been made.

The group had already agreed earlier this month to raise production by 137,000 bpd in October 2025, according to data compiled by Argaam.

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