Today: 30 October 2025
4 April 2025
1 min read

OPEC+ accelerates oil output hikes

Despite the production boost, the group emphasised that future adjustments remain flexible and could be paused or reversed depending on market conditions.

Eight OPEC+ nations have unexpectedly decided to accelerate their oil production increase, announcing a 411,000 barrels per day (bpd) hike in May 2025. The move, which advances their phased plan to unwind recent output cuts, sent oil prices tumbling, with Brent crude dropping over 6% to below $70 a barrel.

Saudi Arabia, Russia, Iraq, the UAE, Kuwait, Kazakhstan, Algeria, and Oman held a virtual meeting on 3 April 2025 to assess market conditions and finalise their output strategy. The decision follows the agreement reached in December 2024 and reaffirmed in March 2025 to gradually reverse the 2.2 million bpd voluntary cuts introduced earlier. While the May increase was originally set at 135,000 bpd, the group opted to add two additional monthly increments, bringing the total to 411,000 bpd.

OPEC+ justified the move by citing “continuing healthy market fundamentals and the positive market outlook.” However, the increase comes amid broader economic concerns, including renewed U.S. tariffs under President Donald Trump. Oil prices, already under pressure from trade policy developments, saw further declines following the OPEC+ announcement.

Despite the production boost, the group emphasised that future adjustments remain flexible and could be paused or reversed depending on market conditions. This measured approach aims to stabilise the market while allowing member states to compensate for any overproduction since January 2024. Updated compensation plans must be submitted to the OPEC Secretariat by 15 April 2025.
The latest move is also expected to ease concerns over potential supply disruptions from Iran, as Trump’s administration intensifies pressure on Tehran. The U.S. President, who has repeatedly urged OPEC to lower oil prices since his re-election, is reportedly considering a visit to Saudi Arabia next month.

The latest move is also expected to ease concerns over potential supply disruptions from Iran, as Trump’s administration intensifies pressure on Tehran.


OPEC+ still has a total of 5.85 million bpd in production cuts in place, including 3.65 million bpd set to continue through 2026. The group will hold monthly meetings to review market conditions, with the next scheduled for 5 May 2025 to decide June output levels.

Previous Story

ATM 2025 set for record turnout

Next Story

Scientists Identify Blood Metabolites Influencing Early Childhood Development

Latest from -Top News

Gazans Struggle to Revive Life

Today, Gaza’s markets seem to awaken from beneath the ruins. Partially destroyed shops opened their doors amid streets littered with debris, while merchants attempt to arrange what remains of their goods on

GAZA AID: MSF raps Israel

Doctors Without Borders (MSF) says Israel Continues to Use Aid as a Weapon of War Against Gaza Strip…reports Asian Lite News Doctors Without Borders (MSF) said that despite the ceasefire agreement, Israel

Qatar Emir Meets Trump

HH the Amir welcomed HE the US President and his accompanying delegation, expressing his pleasure at meeting the President during his stopover in Qatar…reports Asian Lite News HH the Amir Sheikh Tamim

Abu Dhabi leads future of food innovation

Global Food Week 2025 cements Abu Dhabi’s leadership in food innovation, uniting 75 countries to showcase sustainable agriculture, cutting-edge technologies, and women-led enterprises driving future food security….reports Asian Lite News Global Food

UAE reshapes AI council

The newly reconstituted Council will be chaired by His Highness Sheikh Tahnoon bin Zayed Al Nahyan, with His Highness Sheikh Khaled bin Mohamed bin Zayed Al Nahyan serving as Vice-Chairman….reports Asian Lite
Go toTop

Don't Miss

3,410 Ethiopians repatriated from Saudi

At least 3,410 Ethiopian nationals were repatriated from Saudi Arabia

The Ministry’s delegation visits Riyadh International Book Fair 2021

A delegation from the Ministry of Culture and Youth visited