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OPEC+ Considers Increasing Production by 411,000 Barrels Per Day, Brent Likely to Reach $100

March 1, 2026اقتصاد – الشروق أونلاينechoroukonline.comTranslated from Arabic
OPEC+ Considers Increasing Production by 411,000 Barrels Per Day, Brent Likely to Reach $100

The OPEC+ alliance is considering increasing oil production by up to 411,000 barrels per day during its upcoming meeting today, Sunday, as Barclays raised its forecast for Brent crude prices to around $100 per barrel, following military attacks by the United States and the Zionist entity on Iran and the subsequent regional escalation that raised supply concerns. Two informed sources told Reuters that the alliance is likely to discuss at its scheduled meeting today, which includes eight members of the Organization of the Petroleum Exporting Countries (OPEC) and their allies, including Russia, a larger production increase of 411,000 barrels per day amid recent geopolitical developments. Read the full content on الشروق ...

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