OPEC+ Plans Modest December Output Hike, Pauses Increases In Early 2026
Benzinga
2025-11-03
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OPEC+ agreed to raise December output targets by 137,000 barrels per day but will pause further increases through early 2026 to address oversupply risks. The move follows new Western sanctions on Rosneft and Lukoil as oil prices rebound to around $65 a barrel after recent lows.
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