Tue, 21-Oct-2025

OPEC: Saudi Arabia Gives a Nod to US with an Increase in Oil Production

OPEC

The tiny supply increase, equivalent to only 0.4 percent of world demand in July and August. Producers raise the size of the monthly supply increase by 50%. Suggestion comes amid mounting pressure in United States for assistance in lowering prices. OPEC+ agreed to accelerate the opening of its oil streams in the summer months, a … Read more