How successful has OPEC+'s oil output policy been in 2025?

Ministers of the Organization of the Petroleum Exporting Countries and allied nations (OPEC+) are unlikely to make changes to their oil output strategy when they discuss production at an online ministerial meeting on Sunday.

After years of slashing output to prop up prices, key members of the OPEC+ group, including Saudi Arabia and Russia, surprised markets earlier this year by hiking production to levels very few had anticipated.