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]

Core Viewpoint - OPEC+ is considering a modest increase in oil production for December, reflecting ongoing discussions among member nations to adjust output levels in response to market conditions [1] Group 1: OPEC+ Production Decisions - OPEC+ is leaning towards a modest output boost in December, as indicated by four sources familiar with the discussions [1] - The group is continuing with monthly increases aimed at stabilizing the oil market [1]

Core Viewpoint - OPEC+ is contemplating an increase in oil production by 500,000 barrels per day over the next three months, as reported by Bloomberg News citing a delegate [1] Group 1 - OPEC+ is considering accelerating output hikes [1]