OPEC's crude oil production seems to be rising. A Bloomberg survey shows that daily production will reach 28.55 million barrels by August 2025, an increase of 400,000 barrels compared to July. The rise is significant.

However, the situation is a bit complicated. Saudi Arabia's production in July was lower than expected, leading to a downward adjustment in the total. Interesting.

Saudi Arabia's production has not met the standards in the past two months, compensating for the previous overproduction. Other member countries have indeed overproduced, but the degree of overproduction is shrinking. The situation is changing.

What about market demand? It is far from sufficient compared to supply. The IEA expects a surplus of 2.8 million barrels per day in the fourth quarter. This does not even include the production increase plan for September. The supply-demand imbalance is quite evident.

These changes will affect the global oil market. How will oil prices move? It's hard to say. Investors need to keep a close eye. The market is ever-changing, and no one can predict it.