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S&P Global expects OPEC+ to begin oil output increases in 2025

S&P Global expects OPEC+ to start oil output increases next year

This’ll be the first time in a couple of years.

Reuters rep[orting on comments from Jim Burkhard, vice president of research at S&P Global Commodity Insights. He was speaking at the APPEC conference:

“There’s a lot of pressure in some of these countries to
increase production, and again, some are already producing
above,”

The Organization of the Petroleum Exporting Countries and its allies is the group known as OPEC

This article was written by Eamonn Sheridan at www.forexlive.com.

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