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OPEC+ may suspend production growth after October


July, 10 2025
watermark Economic news

The countries of the OPEC+ alliance are considering the possibility of temporarily suspending the increase in oil production after October.


Since August, eight participating countries, which had previously voluntarily reduced production by 2.2 million barrels per day, have agreed to increase it by a total of 548 thousand barrels per day. Thus, the volume of restored supplies amounted to 1.78 million barrels per day.


It is expected that the full recovery of production to the previously agreed level of 2.2 million barrels will occur by September. After that, the alliance is likely to pause before the next stage of the increase – by another 1.66 million barrels per day.


Goldman Sachs analysts also suggest that another increase of 548,000 barrels may take place in August, after which OPEC+ will temporarily suspend production expansion.


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Foreign exchange is highly speculative and complex in nature, and may not be suitable for all investors. Forex trading may result in a substantial gain or loss. Therefore, it is not advisable to invest money you cannot afford to lose. Before using the services offered by ForexMart, please acknowledge the risks associated with forex trading. Seek independent financial advice if necessary. Please note that neither past performance nor forecasts are reliable indicators of future results.