LBCI

OPEC+ says to increase petrol production from August

World News

05-07-2025 | 06:12

Share

Share

OPEC+ says to increase petrol production from August

Saudi Arabia, Russia and six other key members of the OPEC+ alliance on Saturday said they would further increase oil output in August.

They decided to hike production to 548,000 barrels per day, a statement following a meeting in Vienna said. Analysts had expected the alliance to decide on another output increase of 411,000 barrels per day (bpd) -- the same target approved for May, June and July.

The wider OPEC+ group -- comprising the 12-nation Organization of the Petroleum Exporting Countries (OPEC) and its allies -- began output cuts in 2022 in a bid to prop up prices.

AFP

World News

increase

petrol

production

August

Next

Peace with Kurds to gain momentum as PKK starts laying down arms: Erdogan

South Korea's presidential advisor to fly to Washington ahead of tariff deadline

Previous

Recommended For You

Russia and China discuss Ukraine war and ties with the United States

12:03

Russia and China discuss Ukraine war and ties with the United States

NATO's Rutte to meet with Trump in Washington next week

09:20

NATO's Rutte to meet with Trump in Washington next week

EU chief says extending suspension of US tariffs countermeasures to August

07:52

EU chief says extending suspension of US tariffs countermeasures to August

North Korean leader Kim reaffirms support for Russia in Ukraine conflict: KCNA

05:18

North Korean leader Kim reaffirms support for Russia in Ukraine conflict: KCNA

Subscribe to our VOD

SUBSCRIBE

Our visitors readings

Mark Carney's Liberals win Canada's election

2025-04-29

Mark Carney's Liberals win Canada's election

French Ambassador hails Lebanon’s banking secrecy reform as key step toward recovery

2025-04-25

French Ambassador hails Lebanon’s banking secrecy reform as key step toward recovery

Iran FM to head to Moscow, discuss US nuclear talks

Middle East News

2025-04-14

Iran FM to head to Moscow, discuss US nuclear talks

Mixed signals from US envoy Tom Barrack: Lebanon-Israel mediation stirs politics; Hezbollah 'pushes back'

News Bulletin Reports

2025-07-12

Mixed signals from US envoy Tom Barrack: Lebanon-Israel mediation stirs politics; Hezbollah 'pushes back'

Videos

Massive fire erupts at unregulated dumpsite in Bchannine, Zgharta district

2025-07-01

Massive fire erupts at unregulated dumpsite in Bchannine, Zgharta district

Clash between Lebanese Army and residents of Deir Qanoun Al Nahr results in injuries (Video)

2025-06-10

Clash between Lebanese Army and residents of Deir Qanoun Al Nahr results in injuries (Video)

Mexico dedicates garden around Lebanese Emigrant Statue in Beirut to mark 80 years of diplomatic ties

2025-06-04

Mexico dedicates garden around Lebanese Emigrant Statue in Beirut to mark 80 years of diplomatic ties

President Aoun to seek Egyptian support for Lebanese Army in detecting explosives and tunnels

2025-05-19

President Aoun to seek Egyptian support for Lebanese Army in detecting explosives and tunnels

LBCI Exclusive: US steps up pressure on Hezbollah, Morgan Ortagus details sanctions and vision for Lebanon's future

2025-05-15

LBCI Exclusive: US steps up pressure on Hezbollah, Morgan Ortagus details sanctions and vision for Lebanon's future

Kuwait rolls out official welcome for Lebanon's President Aoun – video

2025-05-11

Kuwait rolls out official welcome for Lebanon's President Aoun – video

Security incidents temporarily disrupt voting in several Akkar and Minieh-Danniyeh centers

2025-05-11

Security incidents temporarily disrupt voting in several Akkar and Minieh-Danniyeh centers

EU ambassador says 'we are not just donors, but genuine partners to Lebanon': Insights from exclusive LBCI interview

News Bulletin Reports

2025-05-09

EU ambassador says 'we are not just donors, but genuine partners to Lebanon': Insights from exclusive LBCI interview

US envoy Morgan Ortagus hails Lebanese diaspora, says country stands at a crossroads

2025-04-23

US envoy Morgan Ortagus hails Lebanese diaspora, says country stands at a crossroads

Most read

24 hours

7 days

Month

Lebanese Army denies claims of militant infiltration and troop withdrawal in Bekaa

1

Lebanese Army denies claims of militant infiltration and troop withdrawal in Bekaa

Syria considers closing its land border: What are the consequences for Lebanon?

2

Syria considers closing its land border: What are the consequences for Lebanon?

Netanyahu says working with Trump on Arab normalization

3

Netanyahu says working with Trump on Arab normalization

Talks advance in Azerbaijan: Israel and Syria prepare for next diplomatic step with draft deal in hand

4

Talks advance in Azerbaijan: Israel and Syria prepare for next diplomatic step with draft deal in hand

Maritime demarcation deal: Beirut prepares to host Cypriot delegation for maritime border talks

5

Maritime demarcation deal: Beirut prepares to host Cypriot delegation for maritime border talks

MP Ibrahim Moussawi slams US envoy's remarks, calls for official response

6

MP Ibrahim Moussawi slams US envoy's remarks, calls for official response

Lebanese Army helicopters return from firefighting mission in Syria's Latakia countryside

7

Lebanese Army helicopters return from firefighting mission in Syria's Latakia countryside

Kuwaiti Interior Minister arrives in Lebanon to boost bilateral security cooperation

8

Kuwaiti Interior Minister arrives in Lebanon to boost bilateral security cooperation

Download now the LBCI mobile app

To see the latest news, the latest daily programs in Lebanon and the world

Google Play

App Store

Download now the LBCI mobile app

We use
cookies

We use cookies to make
your experience on this
website better.

Accept

Learn More