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Saturday, September 13, 2025 23:58 GMT
Sunday’s decision by OPEC+ members, including the Sultanate of Oman, to increase output by 137,000 barrels per day starting in October “underscores a collective commitment to market stability”, said Ali al Riyami, a prominent Omani energy analyst. In a post, Al Riyami — formerly a senior official at Oman’s Ministry of Energy and Minerals — said the announcement by the eight-member OPEC+ alliance represents a phased strategy to roll back 1.69 million bpd in voluntary cuts previously announced, a...More