Sentiment is to stick with existing oil output plan, says senior OPEC+ source

Oil slips on the headline

That was quick. Just as it seemed like OPEC+ may be leaning towards either pausing output hikes or just partially hiking output next month, this headline hits and that is seeing WTI crude fall from around $66.20 to $65.50 on the session.

As mentioned earlier here, if OPEC+ decides to keep the status quo, that could spell more trouble for oil prices in the days ahead.

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