trading
1 min read
OPEC+ to pause output hikes in first quarter to ease fears of glut, after one more boost in December
By Mike Murphy•January 5, 2025•Source: MarketWatch
The eight nations of OPEC+ announced Sunday they will pause oil-production hikes in the first quarter of 2026, following a modest increase in December, as part of an effort to avoid a glut of crude.
Original source:MarketWatch