OPEC+ to Approve Modest Oil Output Increase Amid Supply Concerns

Reported about 18 hours ago

OPEC+ is expected to agree on a modest increase in oil output targets, raising them by 137,000 barrels per day for December, amid fears of an oversupply and new sanctions on Russia. The producers' group has already raised output significantly since April but is now moderating its pace due to market fluctuations.

Source: YAHOO

View details

You may also interested in these wikis

Back to all Wikis