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OPEC+ production hike 2025

Latest Daily Tribune news and analysis on OPEC+ production hike 2025.

  1. Sun sets behind the Dora (Daura) Oil Refinery Complex in Baghdad. Oil prices slumped on 5 May after eight OPEC+ members announced a sharp increase in production, while Asian stocks treaded water in thin trade with major markets closed.

    Fuel hike looms after UAE’s OPEC exit

    Fuel prices in the Philippines are set to rise next week after the UAE’s surprise exit from OPEC and OPEC+, ending nearly 60 years of membership. Learn how…

  2. OPEC+ mulls further oil output hike

    OPEC+ mulls further oil output hike

    Since April, the V8 group — comprising Saudi Arabia, Russia, Iraq, the United Arab Emirates, Kuwait, Kazakhstan, Algeria and Oman — has boosted production by…