Ideas Markets Events Research
Close
search
Ideas
Markets
Events
Research
Nothing found
Select a section for which the search will be carried out
25 March 2025 | Oil

OPEC+ sticks to planned oil production hike through May

Brent
WTI Light Crude Oil
OPEC+ sticks to planned oil production hike through May

OPEC+ will increase production by 135,000 barrels per day, marking the second consecutive monthly increase. This move is part of a gradual cancellation of the production cuts implemented since 2022. Reuters reports on this strategy.

In addition to increasing production, OPEC+ is implementing further production cuts for member countries that have previously exceeded their quotas. This aims to balance overproduction by June 2026. Analysts note that high oil prices, low inventories, and growing summer demand support this strategy.

A meeting of the OPEC+ Ministerial Monitoring Committee is scheduled for April 5th to discuss production policy. According to Russian Deputy Prime Minister Alexander Novak, adjustments to the cartel's decision may be made if market conditions change.

Elena Dorokhina MarketCheese

Recommended

United States. CFTC Crude Oil speculative net positions. The value of the indicator has decreased from 124.6K to 117.8K
13 February
United States. U.S. Baker Hughes Total Rig Count. The value of the indicator remained at the same level of 551
13 February
United States. U.S. Baker Hughes Oil Rig Count. The value of the indicator has decreased from 412 to 409
13 February
United States. Cushing Crude Oil Inventories. The value of the indicator has increased from -0.743M to 1.071M
11 February
United States. Crude Oil Inventories. The value of the indicator has increased from -3.455M to 8.53M
11 February
Top news
United States. CPI (YoY). The value of the indicator has decreased from 2.7% to 2.4%
13 February
European Union. GDP (QoQ). The value of the indicator remained at the same level of 0.3%
13 February
European Union. Trade Balance. The value of the indicator has increased from 9.3B to 12.6B
13 February
United States. Nonfarm Payrolls. The value of the indicator has increased from 48K to 130K
11 February
United States. Unemployment Rate. The value of the indicator has decreased from 4.4% to 4.3%
11 February
All news

Forecasts

S&P 500 buy
Period: 24.02.2026 Expectation: 1210 pips
SPX finds solid ground after recent selloff
TA Other Technical analysis FA Other Indicators Fundamental analysis
Today at 10:01 AM 5
Lyra_Moonwell1
Lyra_Moonwell1
Listed among the best MarketCheese authors
1st in the segment "Oil and gas"
Gold buy
Period: 24.02.2026 Expectation: 14000 pips
Gold holds steady as investors eye to come back
Indicators and reports Technical analysis FA Other Indicators Fundamental analysis
Today at 07:01 AM 21
Emily_Foster
AUDCAD buy
Period: 20.02.2026 Expectation: 1050 pips
AUDCAD correction may relieve technical tension before next leg up
TA Other Technical analysis FA Other Indicators Fundamental analysis
13 February 2026 47
Lyra_Moonwell1
Lyra_Moonwell1
Listed among the best MarketCheese authors
1st in the segment "Oil and gas"
GBPUSD sell
Period: 20.02.2026 Expectation: 1130 pips
GBPUSD loses ground on lower expectations of Fed rate cuts
Indicators and reports Technical analysis FA Other Indicators Fundamental analysis
13 February 2026 34
Emily_Foster
Gold buy
Period: 28.02.2026 Expectation: 12000 pips
Buying gold up to $5,100
Indicators and reports Chart analysis
13 February 2026 65
McCarthy_Raymond
Natural gas sell
Period: 19.02.2026 Expectation: 500 pips
Selling natural gas amid milder weather and higher production
TA Other Technical analysis Indicators
12 February 2026 86
Lyra_Moonwell1
Lyra_Moonwell1
Listed among the best MarketCheese authors
1st in the segment "Oil and gas"
Go to forecasts