OPEC+ likely to agree small oil output increase for December, sources say
Update: 2025-10-31
Description
OPEC-plus is expected to approve a modest 137,000 barrel per day increase in oil production for December, despite concerns about potential oversupply and falling prices. The group, including key players like Saudi Arabia and Russia, is cautious due to new Western sanctions on Russia and the risk of a supply glut. The final decision will be made during their meeting on October 31st.
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