Loading…
Enerdata reports that the eight OPEC+ countries agreed to raise crude output by 548 kb/d in August 2025 from July levels. With this step, about 1.918 mb/d has been restored since April 2025, leaving 280 kb/d of the 2.2 mb/d voluntary cut.
The UAE also received permission for an extra 300 kb/d.
Restoring most of the voluntary cut adds crude supply and pressures oil prices lower, which affects diesel and energy costs for feed logistics.
enerdata.netJul 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.
