London, Sept 7, 2025 (AFP) - Key OPEC+ members agree to again boost oil production

NAMPA / AFP

2025-09-07

Eight key members of the OPEC+ alliance said Sunday they have agreed to again boost oil production, in a strategy analysts saw as a bid to gain a bigger market share of sales of crude. Oil ministers in the V8 grouping -- comprising Saudi Arabia, Russia, Iraq, United Arab Emirates, Kuwait, Kazakhstan, Algeria and Oman -- decided to increase daily production by 137,000 barrels a day from next month, they said in a statement. pml/rmb/cw ...

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