OPEC+ Agrees in Principle to Speed Up Supply Increases Further - Bloomberg

OPEC+ will increase oil production even more rapidly than expected next month, as the group led by Saudi Arabia seeks to capitalize on strong summer demand in its move to reclaim market share.

By Fiona MacDonald, Salma El Wardany, Nayla Razzouk, Grant Smith

July 6, 2025

1 min read

OPEC+ Agrees in Principle to Speed Up Supply Increases Further - Bloomberg

OPEC+ will increase oil production even more rapidly than expected next month, as the group led by Saudi Arabia seeks to capitalize on strong summer demand in its move to reclaim market share.

OPEC+ will increase oil production even more rapidly than expected next month, as the group led by Saudi Arabia seeks to capitalize on strong summer demand in its move to reclaim market share.
Eight…

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