OPEC+ reaches deal to increase output by 137,000 bpd in December, No changes in 2026
VIENNA – In a move signaling a careful balancing act between supporting prices and stabilizing markets, eight OPEC+ member countries agreed on Sunday to a small increase in oil output next month before implementing a historic pause on production changes for the entirety of 2025 and the first quarter of 2026. According to a statement from…