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OPEC+ will likely approve another output increase of around 550,000 bps for September

OPEC+ will likely approve another output increase of around 550,000 bps for September

News
Giuseppe Dellamotta
07/07/2025 | 08:13 GMT
  • Reuters report citing sources
  • September hike will complete the return of 2.17mln bpd in voluntary output cuts.
  • September hike will also accomodate 300,000 bpd production quota rise for UAE.

This was very much expected, so the impact on oil prices is negligible.

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