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OPEC+ set to keep production targets unchanged in December, source says
9 Articles
9 Articles
Seven central OPEC+ members would have agreed in principle to keep their production targets stable by December, while disruptions linked to the war with Iran keep several Gulf producers below their quotas.
The seven OPEC+ countries agreed in December to maintain oil production quotas at the previous level.
Seven key countries of the group must meet on Sunday; around 2 million barrels per day in cuts remain in effect until the end of 2026.
According to ChainCatcher, sources familiar with the matter said that OPEC+ oil-producing countries, which are scheduled to meet on Sunday, have reached an agreement in principle to maintain their December production targets.
Coverage Details
Total News Sources9
Leaning Left0Leaning Right2Center2Last UpdatedBias Distribution50% Center, 50% Right
Bias Distribution
- 50% of the sources are Center, 50% of the sources lean Right
50% Right
C 50%
R 50%
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