OPEC+ to delay oil output hike till April

Reuters with the headline, citing a supply on the matter. Effectively, that is as anticipated following the quite a few studies since earlier this week after which the supposed settlement right here previous to the assembly. WTI crude is up zero.four% to $68.90 however total motion has been slightly minimal to this point on the day.

Going again to the choice, the bloc is to unwind output cuts progressively after Q1 subsequent yr throughout till 2026.

This text was written by Justin Low at www.ubaidahsan.com.



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