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OPEC+ Poised to Raise Oil Output Again, but at Slower Pace as Demand Cools

Sep 08, 2025, 6:07 a.m. ET

AsianFin — OPEC+ is preparing to raise oil production at its meeting on Sunday, but the group is likely to temper the pace of additional output from October onward amid signs of cooling global demand, according to sources familiar with the talks.

The producer alliance of the Organization of the Petroleum Exporting Countries (OPEC) and its allies, led by Russia, has already added about 2.5 million barrels per day (bpd) since April—equivalent to roughly 2.4% of world demand.

The move marked a sharp reversal from its previous policy of coordinated output cuts, and was partly driven by pressure from U.S. President Donald Trump, who has pushed the group to help lower energy prices.

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