Bloomberg Television
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OPEC+ Production Increase Raises Oversupply Risk | Presented by CME Group
Posted
August 13, 2025
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1,809
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August 13, 2025
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1:14Now PlayingOPEC+ has announced an additional 547,000 barrels per day of production starting in September, marking the final phase of a staggered reversal of a 2.2-million-barrel cutback implemented in 2023. However, the decision may prove ill-timed, as the global economy contends with trade uncertainty and weakening demand — particularly in the US, where markets were rattled by a weak July jobs report. Are oil markets at risk of oversupply? Presented by @cmegroup
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