OPEC+ is discussing delaying the output hike for Q1 - report

  • Reuters report
OPEC

Reuters is out with some headlines on the OPEC+ meeting, which was scheduled for Sunday but was delayed until December 5.

  • OPEC+ is discussing delaying the hike for Q1
  • To hold further talks in the coming days
  • Scheduled output increase for Jan is among the issues to be addressed

None of this is a surprise. There has been talk of a delay through Q1 for awhile and there is also talk of a delay for all of H1. None of the talk has helped to lift oil.

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