OPEC+ Expected To Raise Oil Production By 0.55 Million Barrels Daily In September, According To Goldman Sachs. ⛽📈
OPEC+ Likely To Increase Oil Production Again In September, Says Goldman Sachs. ⛽📈
OPEC+ IS PROJECTED TO INCREASE OIL OUTPUT BY 0.55 MILLION BARRELS PER DAY IN SEPTEMBER, GOLDMAN SACHS SAYS.
Goldman Sachs expects the OPEC+ alliance to lift its collective crude-oil production target by approximately 550,000 barrels a day in September, according to a research note cited by market-monitoring services late Sunday. The projected adjustment would extend the producer group’s gradual supply restoration amid signs of resilient global demand and stable prices. OPEC+ ministers are scheduled to review output policy in the coming weeks; the forecast suggests the coalition is prepared to ease voluntary curbs introduced after last year’s price slump.