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OPEC+ to consider stepping up output hikes over next 3 months

OPEC+ to consider stepping up output hikes over next 3 months

News
Giuseppe Dellamotta
30/09/2025 | 12:08 GMT
  • Report citing OPEC+ delegates
Crude oil
  • OPEC+ to discuss 500K bpd hike a month over 3 months

The market reaction has been negligible to this latest report.

The oil market had a nice week last week, but all the gains were given back in just two days. OPEC+ did a great job in keeping oil prices stable in the last few years with pretty low volatility.

More recently, we've been stuck in a range between the 61,80 low and the 66.00 high. Market participants will likely continue to play the range until we get a breakout on either side.

oil
WTI crude oil daily chart

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