OPEC+ plans another oil output hike in November: Reuters

Oil Falls on Concerns Another OPEC+ Supply Boost Will Swell Glut

(Bloomberg) — Oil declined at the start of the week as expectations that OPEC+ will hike production again in November exacerbated concerns about a glut.

OPEC+ plans another oil output hike in November: sources

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+ is said to weigh another production hike in November

OPEC+ Seen Likely to Approve Another Output Hike for November

OPEC+ will likely raise oil output again in November as the group continues its strategy to reclaim global market share, according to people familiar with its plans.

OPEC+ Plans Another Oil Output Hike in November, Sources Say

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.