OPEC oil output falls in December on Iran and Venezuela, Reuters survey finds

Core Viewpoint - OPEC's oil output decreased in December due to reduced supply from Iran and Venezuela, counteracting an OPEC+ agreement to increase production for the month [1] Group 1 - OPEC's oil output fell in December [1] - The decline in output was primarily attributed to lower supply from Iran and Venezuela [1] - This decrease offset the OPEC+ agreement aimed at raising production levels for the month [1]