1. OPEC Plus members (including Saudi Arabia, Russia, and six others) have decided to increase crude oil production by 137,000 barrels per day in November.
2. This decision could potentially lead to a further decrease in global oil prices due to increased supply.
3. The change in production strategy comes after OPEC Plus had been maintaining voluntary cuts to support crude prices, but they started scaling back their reductions in spring 2025. This move is attributed to a slowing US economy and continued output hikes.
2. This decision could potentially lead to a further decrease in global oil prices due to increased supply.
3. The change in production strategy comes after OPEC Plus had been maintaining voluntary cuts to support crude prices, but they started scaling back their reductions in spring 2025. This move is attributed to a slowing US economy and continued output hikes.
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Summary
OPEC Plus, consisting of Saudi Arabia, Russia, and six others, has chosen to boost crude oil production by 137,000 barrels per day in November. This could result in a potential drop in global oil prices due to the increased supply. The decision follows their voluntary cuts to support prices, which
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ID: edff9470-fc65-49e8-b51c-0be98abc032f
Category ID: listed_summary
URL: https://www3.nhk.or.jp/nhkworld/en/news/20251006_B1/#summary
Date: Oct. 6, 2025
Created: 2025/10/06 16:10
Updated: 2025/12/08 01:07
Last Read: 2025/10/07 08:06