OPEC+ agrees to small December oil output hike, and Q1 pause

Core Viewpoint - Eight OPEC+ countries have agreed to increase oil output by 137,000 barrels per day in December and will pause output hikes for the first quarter of 2026 [1] Group 1 - The decision to raise oil output is a strategic move by OPEC+ to adjust supply levels in response to market conditions [1] - The pause in output hikes for the first quarter of 2026 indicates a cautious approach towards future market stability [1]