OPEC+ Poised to Raise Oil Output Further, Sources Say | My Dua
The global energy market is heating up once again. OPEC+ member countries may decide to further increase oil output starting this November. According to international news agency Reuters, there is a disagreement between Saudi Arabia and Russia over the rate of oil production increase, but both sides aim to maintain market balance.
My dua, let’s explore below how this decision could impact the global economy in detail.
H2: What is OPEC+ and Why is It So Important?
OPEC+ is a coalition that includes the Organization of the Petroleum Exporting Countries (OPEC), Russia, and several other oil-producing nations.
This group controls about 40% of the global oil market.
Decisions made by OPEC+ significantly influence oil prices, determining whether global oil costs rise or fall.
My dua – through strong energy policies, OPEC+ continues to be a major driving force in the international economy.
H2: Oil Production Increase — Possible Rise from November
According to sources, the OPEC+ meeting will be held online on Sunday at 1100 GMT.
During the meeting, oil producers will discuss the potential oil production increase.
H3: Saudi Arabia’s Position
Saudi Arabia wants to increase production by 274,000 to 548,000 barrels per day (bpd).
Their goal is to regain market share and strengthen competitiveness by rapidly increasing output.
H3: Russia’s Position
On the other hand, Russia has proposed a limited increase of only 137,000 bpd.
This is due to sanctions on Russia and challenges caused by the Ukraine war, which restrict their ability to ramp up production.
My dua, these differing positions of the two countries will determine the direction of global oil production from November onwards.
H2: Impact on Oil Prices and Global Demand
An increase in oil production means higher supply in the global oil market, which could naturally lower oil prices.
However, if global demand does not grow at the same pace, prices could drop further.
According to OPEC oil policy 2025, member countries aim to gradually increase production to maintain market stability.
This ensures that energy policy remains steady and predictable.
H2: Market Share Battle — OPEC+ vs. U.S. Shale Producers
Globally, the competition between OPEC+ and U.S. shale producers is significant.
Increasing Saudi Arabia oil production aims to reduce the market share of U.S. shale producers.
Meanwhile, Russia seeks price stability to protect its revenue.
My dua, this competition will ultimately bring balance to the global oil market.
H2: Voluntary Cuts and Production Targets
Previously, OPEC+ countries implemented voluntary cuts to stabilize oil prices.
Now, production targets are being reconsidered.
The earlier increase of 2.6 million bpd may now be further expanded.
H3: Online Meeting and Decision
The final decision will be made during the online meeting on Sunday.
Experts suggest that an increase of 137,000 bpd to 274,000 bpd is likely to be approved.
H2: COP29 and the Climate Change Conference Message
This announcement comes during the COP29 climate change conference.
Although raising oil production may somewhat conflict with climate goals,
the OPEC+ energy policy emphasizes market realities and demand as a priority.
My dua, through strong and balanced energy policies, the global economy can continue to progress.
H2: Reuters Power Up Newsletter and Analysis
According to the Reuters Power Up newsletter, OPEC+ has increased its oil output target by 2.6 million barrels since the start of this year.
This decision could give new momentum to the global economy.
Experts note that if the Russia oil sanctions impact eases and the Saudi-Russia disagreement is resolved, the oil market could stabilize in 2025.
H2: Global Oil Price Forecast 2025
Next year, oil prices are expected to range between $75–$85 per barrel.
However, if the OPEC+ decision on oil output exceeds expectations, prices may fall slightly.
Conversely, geopolitical tensions like the Ukraine war could push oil prices higher.
H2: My Dua — Stable Energy Policy and Global Economic Growth
My dua, that all nations follow stable energy policies, ensuring that oil prices, the market, and daily life for people remain balanced.
OPEC+ oil output news currently has a significant impact worldwide.
Every decision they make is valuable for the global economy.
H2: Conclusion
Saudi Arabia, Russia, and other OPEC oil producers are at a critical crossroads, where each decision will determine the future of oil.
After the OPEC meeting October 2025, it will become clear whether oil prices rise or fall, and where the new
market balance will stand.
My dua, may these decisions support global economic stability and a prosperous future.
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