increase oil output following request from the u
OPEC+ confirms April oil output increase following US pressure to lower
OPEC+ has announced its decision to proceed with a planned oil output increase in April, a move that comes after US President Donald Trump renewed pressure on OPEC and Saudi Arabia to reduce prices.
OPEC+ Members Agree to Increase Oil Output by Higher-than-Expected
The 206,000 b/d increase was above the 137,000 b/d expected by analysts. Despite the decision to raise output, OPEC+ said it would take a cautious approach and maintain the flexibility to pause or even reverse production increases if production if market conditions change.
OPEC+ Oil Output Increase: 188,000 BPD Boost for August
The upcoming OPEC+ oil output increase will bring an extra 188,000 bpd to the market this August as seven major nations unwind voluntary cuts.
OPEC+ to raise oil production by 188,000 bpd in August
Seven OPEC+ members have agreed to increase collective oil production by 188,000 bpd in August, continuing the gradual rollback of voluntary production cuts while reaffirming their commitment to
OPEC Plus, in Symbolic Gesture, to Increase Oil Production
The announcement came days after the United Arab Emirates withdrew from the group. The higher output will have little effect on global supplies.
OPEC+ to increase oil output by 138,000 barrels per day starting April
The Organization of the Petroleum Exporting Countries and its allies (OPEC+) have confirmed plans to increase oil production by 138,000 barrels per day (bpd) beginning in April 2025. This marks the first output hike since 2022, following repeated delays. The decision was made during a virtual meeting on March 3, 2025, involving eight OPEC+ nations: Saudi Arabia, Russia, Iraq, the UAE, Kuwait
OPEC+ August Output Hike: What the 188,000 bpd Increase Means for Oil
OPEC+ to raise oil output by 188,000 bpd from August as Gulf producers unwind cuts, Strait of Hormuz shipping normalises and markets eye price pressures.
OPEC+ to Increase Oil Production—Again - IER
The OPEC+ cartel announced on Saturday that it would increase oil production again. It announced a 411,000-barrel-per-day oil production increase for June, after increasing production in April and May, accelerating its rollback of previous cuts and evoking fears of oversupply.
OPEC+ to boost oil production 206,000 bpd as Iran conflict threatens supply
OPEC+ will add 206,000 bpd of oil production in April as Middle East tensions escalate following strikes on Iran, raising concerns over potential disruptions to Strait of Hormuz crude flows.
OPEC Plus to Boost Oil Production as Iran Strikes Threaten Price Spike
The cartel pledged to increase output by 206,000 barrels a day from next month, and said that members would closely monitor and assess market conditions.