OPEC+ has decided to increase oil output by 137,000 barrels per day in December 2025, continuing a steady pattern of modest monthly rises after similar increments in October and November. However, the group plans to pause further production hikes during the first quarter of 2026 due to seasonal demand weakness and uncertainties surrounding sanctions on Russian producers.


OPEC+ Agrees to Moderate Oil Production Increase, Plans Early 2026 Pause 

The rise in prices tempered some concerns about supply additions; however, analysts expect near-term profits to be limited by a soft demand outlook. 

Will car fuel get more expensive? Oil prices surge after OPEC+ announces modest production

With oil prices near $70 and surplus risks rising, OPEC+ production surge tests global demand resilience amid US-Russia tensions and Trump inflation fight.

OPEC+ agrees to major supply hike as Trump eyes lower oil prices

Analysts believe that tariffs remain a potential drag on the market and could undermine industrial activity and travel, both key drivers of oil demand.

Oil prices steady after losses, weighed by tariff threats and OPEC outlook

Crude benchmarks retreat as markets weigh President Trump shifting trade strategy, a looming August 1 tariff deadline, strong US travel demand, OPEC+ output plans, and renewed geopolitical risks off Yemen.

Oil prices ease from two-week highs as markets await clarity on US tariffs

Oil prices fell as Trump renewed tariff threats and OPEC+ production increases stirred demand uncertainty and supply concerns, weighing on market sentiment.

Oil prices fall as traders assess US tariff threats, OPEC+ supply boost

The OPEC+, which includes Saudi Arabia, Russia, the UAE, and Iraq, has been gradually reversing a 2.2 million bpd production cut it began unwinding in April.

OPEC+ poised to accelerate oil output hike in August amid market volatility

Oil benchmarks drop nearly 12% for the week, the steepest fall in almost two years, as a surprise ceasefire between Israel and Iran eases supply fears, while traders weigh potential OPEC+ output increases and US rate-cut expectations.

Oil prices steady after Israel–Iran ceasefire and OPEC+ supply rumours

The alliance, which includes OPEC members and non-OPEC allies like Russia, has already hiked output by 411,000 bpd for both May and June 2025. 

OPEC+ eyes fresh oil output hike: What it means for global energy markets

Oil prices plunged 6% Thursday, with Brent crude falling to $70.44 a barrel, after OPEC+ accelerated its plan to increase output in May. The move added to losses sparked by President Trump's new tariffs, raising fears of a global trade war.

Oil prices drop 6% as OPEC+ plans output hike

Business & Economy: As US President Donald Trump’s administration seeks ways to manage rising inflation, oil prices have emerged as a key focus.

Trump’s push for cheap oil faces roadblocks

Oil is outpacing tech as the most productive US industry

Oil prices plunge as demand concerns and geopolitical tensions bite

OPEC fund development forum catalyses global partnerships for sustainable development

OPEC braces for more oil: Brazil's oil market rebound threatens output cuts strategy

Oil Rose in early Asia trading after registering the biggest rise in 4 months on Monday and this comes ahead of an OPEC report on supply and demand. US crude climbed above $78 a barrel after surging 2.9% in the previous session.

Oil holds biggest gain since February ahead of OPEC market report

OPEC+ extends deep oil output cuts into 2025 amid market uncertainties

The organisation of the petroleum exporting countries, or OPEC, have extended deep production cuts throughout 2024. This decision comes as oil prices hover around 80 dollar per barrel, a level insufficient for many member nations.

OPEC+ extends deep oil output cuts into 2024 & 2025

Next month's OPEC+ policy meeting will now be online. Some delegates expect the group to extend its supply cuts into the second half of the year. Watch in for more details!

OPEC to extend supply cuts into the second half of 2024

OPEC+, the group of 22-nation oil producing countries, is facing a dilemma. How much oil is too much oil? This question signifies the group's efforts to stabilise the oil market amid the geopolitical uncertainties.

Several OPEC members seek level upgrade to pump more oil in 2025

The United Arab Emirates' state-owned oil giant, ADNOC, has announced an increase in its production capacity to 4.85 million barrels per day. This comes just a month before a crucial OPEC meeting in June, where member nations will decide on production levels for the second half of 2024.

UAE boosts oil production capacity ahead of OPEC+ meeting

The organisation of Petroleum Exporting Countries' (OPEC) crude production stayed steady in April, leaving the group's latest cutback plan incomplete.

OPEC group pumps less oil in April than the previous month

The International Monetary Fund predicts that Saudi Arabia will require a higher oil price than initially anticipated this year. The initiative of the organisation of Petroleum exporting countries, or OPEC+, to reduce output has weighed on revenues.

Will OPEC+ start to unwind production cuts on higher oil?

For the first half of the year, the Organization of Petroleum Exporting Countries and its partners (OPEC+) decided to maintain oil production cutbacks. This will keep global crude markets tight and oil prices elevated. Brent crude rose to over $90 per barrel after the OPEC+ decision.

Oil nears $90 a barrel after OPEC+ sticks with supply cuts

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