OPEC+ to Pause Oil Output Hikes After Small December Increase
TL;DR Summary
OPEC+ has decided to pause oil output increases in the first quarter of 2026 and only slightly raise December output, amid fears of a supply glut and challenges from Western sanctions on Russia, with the group aiming to protect prices and manage market stability.
- OPEC+ set to agree another modest oil output increase, sources say Reuters
- OPEC and Allies Agree to Boost Oil Production, Then Pause The Wall Street Journal
- Oil Prices Fall for a Third Straight Month as OPEC+ Considers Boosting Output Yahoo Finance
- Oil falls as investors assess U.S.-China trade truce CNBC
- OPEC+ to Pause Output Hikes After Small December Increase Bloomberg.com
Reading Insights
Total Reads
0
Unique Readers
0
Time Saved
3 min
vs 4 min read
Condensed
93%
613 → 44 words
Want the full story? Read the original article
Read on Reuters