OPEC+大幅增产！批准9月增产54.8万桶/日，国际油价微跌

Group 1 - OPEC+ has agreed to increase oil production by 547,000 barrels per day in September, marking an early completion of its current supply recovery plan and a full exit from the 2.2 million barrels per day production cut agreement implemented by eight member countries since 2023 [1] - Following the announcement, the market's initial reaction was muted, with international oil prices experiencing a slight decline [2][3] - Brent crude oil price fell by 0.4% to $69.38 per barrel during early Asian trading on Monday [3] Group 2 - OPEC+ cited healthy economic conditions and low inventory levels as reasons for the production increase, and they plan to hold another meeting on September 7 to consider the fate of a voluntary production cut agreement of approximately 1.66 million barrels per day [4] - Despite the increase in production, oil prices remain relatively high, with Brent crude oil closing around $70 per barrel last Friday, significantly above the 2025 low of $58 reached in April, partly due to seasonal demand [5] - OPEC+ accounts for about half of the global oil production and has been reducing output for years to support oil prices [6] Group 3 - OPEC+ has shifted its strategy this year to regain market share, partly in response to calls from former U.S. President Trump for increased production, starting from April with incremental increases [7] - UBS analyst Giovanni Staunovo noted that the market has been able to absorb the additional oil supply well, aided by China's stockpiling activities [7] - Former OPEC official Jorge Leon stated that OPEC+ has successfully navigated the initial challenge of lifting the largest production cut in its history without causing a price crash, but the next steps will be more complex [7]