OPEC+ slated to increase oil output in bid to regain market share

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OPEC+ slated to increase oil output in bid to regain market share.
London (AFP) - Saudi Arabia, Russia and six other key members of the OPEC+ alliance are expected to further hike oil production in a meeting Sunday, a move analysts say is aimed at regaining market share amid resilient crude prices.
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This article was published Monday, 4 August, 2025 by AFP
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The leading members of the OPEC+ oil cartel have placed priority on regaining market share over price stability in recent months - Valentine CHAPUIS (AFP)

The leading members of the OPEC+ oil cartel have placed priority on regaining market share over price stability in recent months - Valentine CHAPUIS (AFP)


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