06 Oct 2025 | 3 Mins Read
OPEC nears agreement on November production increase
Flipitmoney
OPEC is set to agree on a modest November supply increase, adding 137,000 barrels a day, the same amount as in October. The decision aims to regain the group's share of global oil markets as prices trade near a four-month low and the International Energy Agency forecasts a record surplus in 2026 due to global demand cooling and supply growth.