To increase the daily production oil OPEC+agreed by 548,000 barrels in September, as two sources in the organization have said today (3.8.2025) that completes the loosening of the largest oil cuts in its oil production, after fear of further problems in oil supply from Russia.
The decision on oil production is expected to be taken at a meeting scheduled to take place today at 14:00 (Greek time) after noon.
This development is launched after the US demands to India to end Russia oil market, as Washington is looking for ways to push Moscow to reach a peace deal in Ukraine.
The imposition of new sanctions by the European Union has pushed India’s state refineries to suspend Russian oil markets.