Loading…
A statement posted by OPEC on September 7 said Saudi Arabia, Russia, Iraq, the UAE, Kuwait, Kazakhstan, Algeria and Oman agreed to a 137,000 bpd production adjustment for October 2025. The table breaks down each country's share, with Saudi Arabia and Russia each contributing 42,000 bpd.
The breakdown shows the increase is spread across members, and the statement says the 1.65 million bpd of cuts can be restored gradually depending on market conditions. This keeps future supply additions a live consideration for crude prices.
rigzone.comAndreas ExarheasSep 8, 2025After 210 past bearish policy events, Crude Oil (Brent) moved a median -0.9% over 5 sessions (48% higher; middle half -3.8% to +3.2%), and +0.2% over 20.
After 215 past bearish policy events, Crude Oil (WTI) moved a median +0.1% over 5 sessions (51% higher; middle half -4.4% to +3.3%), and +0.2% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
