04.08.2025, 15:02

OPEC+ member states to increase oil production in Sept by 547,000 bpd due to stable global economy outlook, favorable market conditions

MOSCOW. Aug 4 (Interfax) - The eight OPEC+ member states which decided to voluntarily limit their oil production by 2.2 million barrels a day (bpd) in 2023, namely, Saudi Arabia, Russia, Iraq, the United Arab Emirates, Kuwait, Kazakhstan, Algeria, and Oman, made a decision during a meeting on August 3 to increase the oil production quotas by 547,000 pbd compared to August, the OPEC+ said in a statement.

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