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OPEC+ to pause output hikes in first quarter to ease fears of glut, after one more boost in December
The eight nations of OPEC+ announced Sunday they will pause oil-production hikes in the first quarter of 2026, following a modest increase in December, as part of an effort to avoid a glut of crude.
OilPrice.com on MSN
Brazil, Guyana, and Argentina Lead Next Wave of Non-OPEC Oil Production
Rystad Energy predicts that cheap, cost-competitive oil from offshore Brazil, Guyana, Suriname, and Argentina's Vaca Muerta ...
Wall Street Journal
OPEC and Allies Agree to Boost Oil Production
The Organization of the Petroleum Exporting Countries and its allies agreed on a restrained oil output increase on par with earlier moves, a bet that the group can eke out more revenue without causing ...
U.S. News & World Report
OPEC+ Pauses Oil Output Hikes Beyond December Amid Glut Fears
LONDON/MOSCOW (Reuters) -OPEC+ on Sunday agreed a small oil output increase for December and a pause in increases in the first quarter of next year as the producers' group moderates plans to regain ...
Crude Oil Prices
OPEC+ Oil Production Jumped by 630,000 Bpd in September
The members of the OPEC+ group boosted their production in September by 630,000 barrels per day (bpd) from August as the alliance last month completed the unwinding of 2.2 million bpd cuts that began ...