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Oil Prices Edge Higher After OPEC+ Pauses Output Hikes in Early 2026
Yahoo Finance· 2025-11-03 01:22
Oil prices rose modestly in early Asian trading on Monday after OPEC+ opted for a limited production increase in December and delayed further hikes in the first quarter of 2026, signalling caution amid demand uncertainty. At the time of writing, Brent was trading up 0.54% at $65.12 per barrel, while West Texas Intermediate traded at $61.33, up 0.57% from the previous close. In a Sunday online meeting, eight OPEC+ members agreed to raise production by 137,000 barrels per day in December 2025, a figure in ...
OPEC Taking 'Cautious Approach' to Oil Production
Barrons· 2025-11-02 19:19
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 ...