Core Insights - OPEC+ increased its average daily crude oil production to 42.4 million barrels in August, an increase of 509,000 barrels from July [1] - Saudi Arabia's daily crude oil production rose by 258,000 barrels to 9.71 million barrels in August [1] - OPEC maintains its forecast for non-OPEC+ countries' supply growth at 810,000 barrels per day for 2025 and 630,000 barrels per day for 2026 [1]