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OPEC+ To Raise Oil Output by 137,000 Barrels in October

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The OPEC+ oil production increase announced on Sunday will add 137,000 barrels per day in October 2025. The decision marks a slower pace of hikes compared to previous months but highlights the alliance’s ongoing shift away from strict output cuts.

Delegates from Saudi Arabia, Russia, Iraq, UAE, Kuwait, Kazakhstan, Algeria, and Oman met virtually to review global conditions before announcing the adjustment. They confirmed that the 1.65 million barrels per day of voluntary cuts, first introduced in April 2023, may be restored gradually depending on evolving market dynamics.

The group stressed its cautious and flexible approach, noting it could pause or reverse increases if conditions change. OPEC+ also reiterated its commitment to compensating for any overproduction since January 2024.

Previous Adjustments

In August 2025, OPEC+ approved a production hike of 547,000 barrels per day for September, part of a broader strategy that has already lifted quotas by around 2.5 million barrels per day since April.

This marks a clear departure from the alliance’s earlier stance of defending prices with deep cuts. Instead, OPEC+ is prioritizing market share recovery while also responding to political pressure. U.S. President Donald Trump has urged higher output to ease gasoline prices at home.

Impact on Oil Prices

Despite the additional supply, oil prices have remained relatively resilient. Brent Crude closed last Friday at $65.5 per barrel, down 2.2% on the day but still higher than the year’s low of $58 recorded in April. Analysts say prices are supported by steady global demand and geopolitical uncertainty, even as production rises.

The latest OPEC+ oil production increase signals the group’s willingness to carefully balance supply, demand, and geopolitical factors as it navigates a volatile energy landscape.


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