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OPEC+ to Increase Oil Output Amid Supply Concerns: What You Need to Know

OPEC+ to Increase Oil Output Amid Supply Concerns: What You Need to Know

BUSINESS - 10/5/2025

In a surprising move, OPEC+ will raise oil output by 137,000 bpd starting in November, amidst concerns of a looming supply glut. With differing opinions from major players like Russia and Saudi Arabia, the oil market faces uncertainty ahead.

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