OPEC+ agrees to small December oil output hike, and Q1 pause
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FILE PHOTO: General view of Orsknefteorgsintez oil refinery in the city of Orsk, Orenburg region, Russia August 28, 2025. REUTERS/Stringer/File Photo
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)
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