OPEC+ to Pause Output Hikes After Small December Increase

OPEC+ agreed to make another small output increase in December but will pause further hikes for the following three months, as the group balances its push for market share against...

By Salma El Wardany, Fiona MacDonald, Grant Smith, Nayla Razzouk · Bloomberg

OPEC+ agreed to make another small output increase in December but will pause further hikes for the following three months, as the group balances its push for market share against signs of an emerging supply glut.