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  1. www.reuters.com › business › energyOPEC+ may stick with deep oil cuts for longer due to weak ...

    1 day ago · OPEC+ will have little room to manoeuvre on oil policy when it meets in December: it would be risky to increase output because of weak demand, and difficult to deepen supply cuts because some ...

  2. www.reuters.com › business › energyOPEC+ could delay December oil output hike, sources say

    Oct 30, 2024 · The December increase is due to come from the eight OPEC+ members who agreed in September to start a gradual unwinding of the group's most recent layer of output cuts - a cut of 2.2 million bpd ...

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  4. www.reuters.com › markets › commoditiesOPEC+ agrees to delay December output hike for one month

    Nov 3, 2024 · The December hike was due to be 180,000 bpd, a small part of the total 5.86 million bpd of output OPEC+ is holding back, equal to about 5.7% of global demand. OPEC+ agreed those cuts in separate ...

  5. www.marketscreener.com › quote › indexOPEC+ may stick with deep oil cuts for longer due to weak ...

    1 day ago · It may push back output increases again when it meets on Dec. 1 due to weak global oil demand, according to three OPEC+ sources familiar with the discussions. Ministers last shelved the increase for a month when they met virtually on Nov. 3.

  6. www.msn.com › en-us › moneyOil rises as sources say OPEC+ may delay planned December oil ...

    OPEC+, which groups the Organization of the Petroleum Exporting Countries and allies such as Russia, is scheduled to raise output by 180,000 barrels per day in December. The group has cut output ...

  7. www.bloomberg.com › news › articlesOil Traders Split on Whether OPEC+ Will Hike Supply in December

    Oct 29, 2024 · OPEC+ has agreed to restore a total of 2.2 million barrels per day of halted output in monthly tranches through to late 2025. Ministers will gather on Dec. 1 to consider the hikes scheduled for ...

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  9. www.nytimes.com › opec-plus-oil-productionWith Oil Prices Weak, OPEC Plus Postpones Increases Again

    Nov 3, 2024 · On Monday, prices of Brent crude, the international benchmark, rose 2.7 percent to $75 a barrel. Prices for U.S. crude also rose about 2 percent to above $71 a barrel. OPEC Plus had first ...