Oil Rises as OPEC+ Signals Output-Increase Pause
WSJ·2025-11-02 23:39
Core Viewpoint - Oil prices increased following OPEC and its allies' decision to raise oil production by 137,000 barrels per day in December, while indicating no production increase for the first three months of 2026 due to seasonal factors [1] Group 1 - OPEC and its allies agreed to boost oil production by 137,000 barrels a day in December [1] - The decision to not increase production in the first quarter of 2026 is attributed to seasonal considerations [1]