Vienna: Uncertainty loomed over what Saudi Arabia, Russia, and six other key members of the OPEC+ alliance would decide on crude output in their meeting on Sunday, with analysts saying a production boost was also being considered. The meeting by the group of eight oil-producing countries known as the Voluntary Eight (V8) comes as oil prices extended losses in anticipation of excess supply in the coming months.
According to Nam News Network, in a bid to prop up prices, the wider OPEC+ group – comprising the 12-nation Organization of the Petroleum Exporting
September 7, 2025