oil production hike

Goldman Sachs expects 140,000 barrels per day OPEC+ quota hike for November

September 30, 2025

(Investing.com)– Goldman Sachs expects OPEC+ to raise oil production quotas by 140,000 barrels per day for November, it said on Tuesday, ahead of the group’s meeting on Sunday. It said, however, a larger production hike was also plausible, citing factors including an only modest increase in OECD commercial stocks in Europe and Asia. Total inventories remain slightly below year-ago levels

OPEC+ oil production hike may not be as steep as feared

September 26, 2025

(Oil Price) – The OPEC+ group is not hiking oil production as much as the headline figures in the agreement suggest, as some members are close to capacity while others are compensating for previous overproduction. This could come as a relief to the market, which expects a major oversupply later this year and early next year. The OPEC+ members have so

Goldman Sachs expects 140,000 barrels per day OPEC+ quota hike for November

OPEC+ oil production hike may not be as steep as feared

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