From the Economist - the dollar is tanking

[Nictuku]

3. I read recently that OPEC is going to increase production

This should help to keep oil prices down, and it is not a good thing for Russia and its war efforts either.

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Interestingly, I wanted to post a link backing up my statement above, which I had either read or heard on a podcast from trusted sources a couple of days ago -- and it is really weird.

Lots of articles that /do/ back it up, but I'm not familiar with any of those sites, most of them are foreign. The CNBC article says the oil prices to climb, even though output is increased: (from 5 days ago):

https://www.cnbc.com/2025/09/08/oil-prices-climb-as-opec-agrees-to-raise-output-at-slower-pace-from-october.html

Another from 5 days ago from a site I recognize. This link is interesting because it is trying to explain why the price of filling our tanks is going up, even though production is being increased:

https://finance.yahoo.com/video/opec-raises-oil-output-why-135452797.html

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So who knows, go figure. Makes no sense. Production is up? Prices should go down unless demand is going up too.