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Why OPEC+ is pumping out more oil
Posted
July 10, 2025
Views
2,105
Likes
29
Comments
2
Engagement
1.47%
July 10, 2025
2,105
29
2
1.47%
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1:19Now PlayingOn today’s Big Take podcast: Investors are worried about an oil surplus. So why is OPEC+ pumping more? David Gura and Joumanna Bercetche discuss.
OPEC+, a coalition of some of the world’s top oil producers, surprised markets over the weekend with plans to boost production by more than half a million barrels a day. The increase comes at a time when investors are worried about oversupply.
So what was behind the decision? Bloomberg’s Joumanna Bercetche breaks it all down with Big Take host David Gura from Vienna, where members of the oil cartel and executives from around the world are gathered for the Ninth OPEC International Seminar.
The Big Take from Bloomberg News brings you inside what’s shaping the world's economies with the smartest and most informed business reporters around the world. The context you need on the stories that can move markets. Every afternoon.
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