Members of the OPEC+ oil alliance have delayed plans to hike production by a scheduled 180,000 barrels per day in October, as part of a program to gradually return a broader 2.2 million barrels per day to the market over the following months.



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Reuters

United Kingdom

OPEC+ agrees to delay October oil output hike for two months, sources say

OPEC+ has agreed to delay a planned oil output increase for October and November after crude prices hit their lowest in nine months, three sources from the producers' group told Reuters on Thursday.

Ad Fontes Media

All Sides

Media Bias/Fact Check

The Woodbridge Company

Members decided to keep the restrictions in place until after the next meeting scheduled in Vienna on December 1

Membros decidiram manter as restrições em vigor até depois da próxima reunião marcada em Viena no dia 1º de dezembro

Opep vai adiar em dois meses o aumento da produção de petróleo, dizem fontes

Globo

Roberto Irineu Marinho

Brazil

OPEC will delay the increase in oil production by two months, sources say

LONDON/MOSCOW : OPEC+ has agreed to delay a planned October oil output increase for October and November after crude prices hit their lowest in nine months, two sources from the producers group told Reuters on Thursday.

Channel News Asia

Government of Singapore

Singapore

OPEC+ agrees to delay October output hike for two months, sources say

The increases were part of a plan to gradually return a broader 2.2 million barrels per day of supply to the market over the following months.

CNBC

Roberts family

United States

OPEC+ members delay plans to hike production by two months after oil price slump

OPEC+ countries keep the opportunity at the same time to suspend the increase or adjust parameters as required

TASS [🇷🇺-affiliated]

Moscow

Russia

OPEC+ countries extend voluntary oil production cuts until December

OPEC+ agreed to pause its planned oil output hike for two months after prices plunged amid fragile demand and plentiful supply.

Bloomberg

Michael Bloomberg

The Vanguard Group

Howard Buffett

BlackRock

OPEC+ Clinches Deal to Pause Planned Oil Hike After Price Rout

Oil futures rose Thursday as the Organization of the Petroleum Exporting Countries and its allies have reportedly reached a deal to postpone its plan to unwind some production cuts.

MarketWatch

Murdoch family

Oil prices climb on report OPEC+ will delay its plan to lift output

Crude oil futures rise as OPEC+ agrees to delay production increase. Brent crude prices rebound.

Seeking Alpha

OPEC+ to delay October oil output increase for two months

Oil Rises After OPEC+ Agrees To Delay October Output Hike Less than a week ago, when Reuters published a bullshit fake news report meant to hammer the price of oil, "reporting" based on six anonymous sources that OPEC+ will hike oil production in October, we countered that this is "absolute idiocy, and we expect that OPEC+ will issue an official denial within minutes, especially since Saudi Energy Minister Prince Abdulaziz bin Salman previously …

Zero Hedge

Oil Rises After OPEC+ Agrees To Delay October Output Hike

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OPEC+ members delay plans to hike production by two months after oil price slump

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