{"id":15344,"date":"2025-09-03T11:20:33","date_gmt":"2025-09-03T11:20:33","guid":{"rendered":"https:\/\/roydadnaft.ir\/English\/?p=15344"},"modified":"2025-09-03T11:20:33","modified_gmt":"2025-09-03T11:20:33","slug":"world-crude-oil-prices-today-september-03-2025-brent-oil-price-fell-to-68-18","status":"publish","type":"post","link":"https:\/\/roydadnaft.ir\/English\/15344\/","title":{"rendered":"World crude oil prices today, September 03, 2025 \/ Brent oil price fell to $68.18"},"content":{"rendered":"

RoydadNaft – <\/a><\/span>\u00a0Oil prices fell by more than 1% on Wednesday ahead of a weekend meeting of OPEC+ producers that is expected to consider another increase in production targets in October.<\/p>\n

Brent crude fell 96 cents, or 1.4%, to $68.18 a barrel by 0945 GMT. U.S. West Texas Intermediate crude fell $1.02, or 1.6%, to $65.57 a barrel.<\/p>\n

Eight members of the Organization of the Petroleum Exporting Countries and allies (OPEC+) will consider further raising oil production at a meeting on Sunday, two sources familiar with the discussions told Reuters, as the group seeks to regain market share.<\/p>\n

Another boost would mean that OPEC+, which pumps about half of the world’s oil, would be starting to unwind a second layer of output cuts of about 1.65 million barrels per day, or 1.6% of world demand, more than a year ahead of schedule.<\/p>\n

The group had already agreed to raise output targets by about 2.2 million barrels per day from April to September, in addition to a 300,000 bpd quota increase for the UAE.<\/p>\n

Actual increases from the group, however, have fallen short of those pledges as some members compensated for previous over-production and others struggled to raise output due to capacity constraints.<\/p>\n

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