OPEC+ agrees to further boost oil output to regain market share
1. OPEC+ to increase oil production by 137,000 bpd from October. 2. Market share regain by Saudi Arabia emphasizes signaling over volume increase. 3. Oil prices steady around $65 despite output increase, aided by sanctions. 4. Potential oil glut expected in winter months could impact prices. 5. Next OPEC+ meeting scheduled for October 5 to discuss further strategies.