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Headlines

OPEC+ agrees to small December oil output hike, and Q1 pause

Published by Global Banking and Finance Review

Posted on November 2, 2025

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LONDON (Reuters) -Eight OPEC+ countries on Sunday agreed to raise oil output in December by 137,000 barrels per day and then to pause the output hikes for the first quarter of 2026, OPEC+ said in a statement.

(Reporting by Ahmad Ghaddar, Alex Lawler, Maha El Dahan and Olesya AstakhovaWriting by Alex LawlerEditing by Philippa Fletcher)