Another large increase in their production since September has agreed by OPEC+ members on Sunday, the last in a series of moves aimed at recovering from the market share cartel, while concerns about possible difficulties in the supply of Russia.

Specifically, OPEC+ members decided during teleconferences to increase their production by 547,000 barrels a day from September.

This move marks the complete and premature reversal of significant oil production cuts decided by the OPEC+cartel, as well as a separate increase in production for the United Arab Emirates.

Eight members of OPEC+ made the decision during a conference conference in the midst of increasing US pressure in India to stop Russian oil markets – part of Washington’s efforts to bring Moscow to the negotiations table for a peacekeeping agreement. President Donald Trump said he wanted to do this by August 8th.

In a statement after the meeting, OPEC+ justified his decision by citing healthy economy and low oil reserves

The eight countries are scheduled to meet again on September 7, when they may consider reinstating another level of production cuts, totaling about 1.65 million barrels a day, two OPEC+ sources said after Sunday’s meeting. These cuts are valid by the end of next year.

Opec+ as a whole includes 10 oil production countries outside OPEC, mainly Russia and Kazakhstan.

The team, which produces about half of the world oil, It has limited its production for several years to support oil prices. This year changed marching in an effort to regain market share, partly due to Trump’s appeals to OPEC to increase toy production.

The eight countries began to increase production in April with a moderate increase in 138,000 barrels a day, followed by larger than the scheduled increases of 411,000 barrels per day in May, June and July, 548,000 barrels per day in August and 547,000 barrels per day for September.