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OPEC+ Is Firming Up Deal for Three-Month Delay to Output Hike

OPEC+ Is Firming Up Deal for Three-Month Delay to Output Hike

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Stu Turley
Dec 03, 2024
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Energy News Beat
Energy News Beat
OPEC+ Is Firming Up Deal for Three-Month Delay to Output Hike
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OPEC+
  • Delegates say no opposition has emerged so far to the proposal

  • Ministers will meet online on Dec. 5 to seek formal agreement

OPEC+ is making progress toward an agreement to delay its oil-production revival by another three months, delegates said.

The group has been holding discussions for the past week on postponing a sequence of supply increases, which is…

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