# OPEC+ is pumping more oil, but is it needed and at what price?

> OPEC+ agreed over a weekend to raise production by 548,000 bpd in August, after 411,000 bpd for May through July and 138,000 bpd for April. The eight members have unwound 1.919 million bpd of their 2.2 million bpd voluntary cut.

- Date: 2025-07-07 · published 2025-07-07T12:00:00.000Z
- Category: policy · region Global · magnitude medium
- Page: https://feedsoft.ai/events/23674-opec-is-pumping-more-oil-but-is-it-needed-and-at-what-price
- Commodities: [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md), [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md)

## Why it matters

The continued supply increases add barrels to a market that is already being loosened, which is bearish for crude and related energy costs.

## Read by commodity

- WTI: bearish ▼
- BRENT: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| BRENT | 2026-08-01 | [Oil Prices Are Falling, but OPEC Plus Pledges to Pump More](https://feedsoft.ai/events/18252-oil-prices-are-falling-but-opec-plus-pledges-to-pump-more.md) | -8.5% | -4.2% |
| BRENT | 2022-01-04 | [OPEC, allies keep gradually pumping more oil amid omicron \| AP News](https://feedsoft.ai/events/43059-opec-allies-keep-gradually-pumping-more-oil-amid-omicron-ap-news.md) | +3.3% | +16.7% |
| BRENT | 2025-03-31 | [OPEC+ is boosting output in April. Here's what that could mean for oil prices. - Tiger Brokers](https://feedsoft.ai/events/25753-opec-is-boosting-output-in-april-here-s-what-that-could-mean-for-oil-prices.md) | -9.7% | -11.0% |
| BRENT | 2025-04-04 | [Why OPEC+ is accelerating oil production as prices tank, tariffs hit](https://feedsoft.ai/events/25276-why-opec-is-accelerating-oil-production-as-prices-tank-tariffs-hit.md) | -9.8% | -13.9% |
| BRENT | 2019-08-31 | [OPEC Abandons ‘’Whatever It Takes Strategy’’, Boosts Production \| OilPrice.com](https://feedsoft.ai/events/57502-opec-abandons-whatever-it-takes-strategy-boosts-production-oilprice-com.md) | +1.1% | +2.4% |
| WTI | 2026-08-01 | [Oil Prices Are Falling, but OPEC Plus Pledges to Pump More](https://feedsoft.ai/events/18252-oil-prices-are-falling-but-opec-plus-pledges-to-pump-more.md) | -7.5% | -1.7% |
| WTI | 2022-01-04 | [OPEC, allies keep gradually pumping more oil amid omicron \| AP News](https://feedsoft.ai/events/43059-opec-allies-keep-gradually-pumping-more-oil-amid-omicron-ap-news.md) | +2.8% | +16.0% |
| WTI | 2025-03-31 | [OPEC+ is boosting output in April. Here's what that could mean for oil prices. - Tiger Brokers](https://feedsoft.ai/events/25753-opec-is-boosting-output-in-april-here-s-what-that-could-mean-for-oil-prices.md) | -10.5% | -9.7% |

## Sources

- reuters.com: https://www.reuters.com/markets/commodities/opec-is-pumping-more-oil-is-it-needed-what-price-2025-07-07/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.