OPEC+ countries to finalize December oil production plan
after close1 source ↓written by the desknot a recommendation
- reduced output
- 2.2 million bpd
- for both October
- 137,000 bpd
Eight OPEC+ countries, including Russia and Saudi Arabia, will meet online to finalize their December oil production plan. Since early 2024, these nations have reduced output by 2.2 million bpd. Recent agreements indicate a gradual increase of 137,000 bpd for both October and November, impacting global oil supply dynamics.
Not investment advice. For informational purposes only.