Oil output move: Opec+ announces fresh 137,000 bpd hike from December; aims to protect market share amid US shale slowdown
Oil output move: Opec+ announces fresh 137,000 bpd hike from December; aims to protect market share amid US shale slowdown
Opec+ nations, including Saudi Arabia and Russia, will boost oil output by 137,000 barrels daily from December for three months. This modest rise, a pause in previous hikes, aims to secure market share amid steady prices and declining US shale.
Opec+ nations, including Saudi Arabia and Russia, will boost oil output by 137,000 barrels daily from December for three months. This modest rise, a pause in previous hikes, aims to secure market share amid steady prices and declining US shale.
Opec+ nations, including Saudi Arabia and Russia, will boost oil output by 137,000 barrels daily from December for three months. This modest rise, a pause in previous hikes, aims to secure market share amid steady prices and declining US shale. 
