OPEC+ likely to agree small oil output increase for December, sources say

By Olesya Astakhova, Ahmad Ghaddar and Alex Lawler LONDON/MOSCOW (Reuters) -OPEC+ will likely agree on Sunday another small hike in oil output targets for December, three sources familiar with the talks said, as the group moderates its drive to regain market share amid predictions of a supply glut next year. OPEC+ has raised output targets by more than 2.7 million barrels per day - about 2.5% of global supply - since April but slowed the pace in October and November to 137,000 bpd from larger increases a ...