LIVE Flight Delays Are Piling Up Because of Staffing. It's Only Going to Get Worse, Duffy Says Last Updated: 1 hour ago OPEC Taking 'Cautious Approach' to Oil Production By Janet H. Cho Eight countries in the Organization of the Petroleum Exporting countries and their allies agreed to raise their collective output by a total of 137,000 barrels a day in December and then pause it for the next three months. Tools Customer Service Customer Center Cryptocurrencies Data Magazine Markets Stock Picks Barron's Live ...

MOSCOW/LONDON (Reuters) -OPEC+ will likely approve another oil production increase of at least 137,000 barrels per day at its meeting next Sunday, as rising oil prices encourage the group to try to further regain market share, three sources familiar with the talks said. OPEC+ has reversed its strategy of output cuts from April and has already raised quotas by more than 2.5 million barrels per day, representing about 2.4% of world demand, to boost market share and after coming under pressure from U.S. Pres ...