OPEC+ seen further raising oil production on Sunday, sources say
OPEC+, which pumps about half of the world's oil, has been curtailing production for several years to support the market. But it reversed course this year to regain market share, and as U.S. President Donald Trump demanded OPEC pump more oil to help keep a lid on gasoline prices.
Three sources said eight OPEC+ members could boost output by 548,000 barrels per day in September while a fourth source familiar with OPEC+ talks said discussions on the volume were ongoing and the hike could be smaller.
OPEC and authorities in Saudi Arabia did not respond to requests for comment sent on Thursday.
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