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OPEC+ Boosts October Output Amid Price Volatility

9/29/2025

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Summary

Story summary

OPEC+ plans a 137,000 bpd October output rise after September, as prices hover around $60-$70.
The move aims to regain market share amid price volatility since April.
Year-to-date, OPEC+ has raised output by over 2.5 million bpd, about 2.4% of global demand.
An online meeting is set for October 5 to discuss November's output.

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Story summary

OPEC+ plans a 137,000 bpd October output rise after September, as prices hover around $60-$70.
The move aims to regain market share amid price volatility since April.
Year-to-date, OPEC+ has raised output by over 2.5 million bpd, about 2.4% of global demand.
An online meeting is set for October 5 to discuss November's output.