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increase oil production

OPEC+ speeds up oil production: 548,000 barrels per day added for august

July 5, 2025 by maleeha zahid

OPEC+ has decided to increase oil production by 548,000 barrels per day (bpd) in August. The move comes after recent market disruptions caused by U.S. and Israeli attacks on Iran. This is OPEC+’s first meeting since those events and reflects a major shift in their strategy. The group, which includes Saudi Arabia, Russia, and six […]

Filed Under: Business Tagged With: 548000 barrels per day (bpd), august, increase oil production, Iran, Latest, OPEC, recent market disruptions, U.S. and Israeli attacks

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