Why opep Is Trending Today?

Explore key developments that caused opep to trend — updated as the story unfolds.

2 key events detected

July 5, 2025 at 6:52 PM

OPEP+ agrees to increase oil production to 548,000 barrels per day starting August.

July 4, 2025 at 6:39 PM

OPEC+ to decide on Saturday about a new oil production increase in August, with markets uncertain about demand and US tariffs.