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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
Signal Whisper - OPEC+ to pause output hikes in first quarter to ease fears of glut, after one more boost in December

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

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