He oil price falls sharply this Tuesday and stands at nine-month lows after the OPEC+ have indicated that plans to increase production in Octoberas disruptions in Libya and cuts promised by some members offset the impact of weak demand. In this regard, the barrel Brenta reference in Europe, plummets 4.99% to $73.65, and the barrel West Texasa reference in the US, falls by 4.53%, to 70.22 dollars. Based on the information advanced by 'Reuters', eight members of OPEC + have planned Increase production by 180,000 barrels per day in Octoberas part of a plan to begin unwinding its most recent layer of output cuts of 2.2 million bpd while keeping other cuts in place until the end of 2025. OPEC+, however, made clear last June that could reverse the increase of expected production depending on market conditions. To this we must add the weakness that the Chinese economy continues to showwhose manufacturing data hit a six-month low in August. The prospect of rising OPEC oil output and a weak economy in China are overshadowing expectations. Major production disruptions in Libya. Libya's eastern government in Benghazi has sought to shut down production and exports, amid a dispute with the government backed by the UN in Tripoli over who should run the country's central bank. Libya's National Oil Corporation declared a case of force majeure at the El-Feel oil field on Monday.The price of oil is in free fall to reach nine-month lows in a context of abundant supplywith OPEC aiming for higher production quotas and the world's largest oil importer, China, looking unlikely to revive its economy,» said Axel Rudolph, senior analyst at IG.