The eight OPEC+ countries agreed in principle on Sunday to maintain a pause in their output hikes for the first quarter of 2026, Reuters reported, citing an OPEC+ source and a person familiar with OPEC+ talks as saying earlier.
The member countries took the same decision in a previous meeting held earlier this month.
OPEC+ has paused oil output hikes for the first quarter of 2026 after releasing some 2.9 million barrels per day into the market since April 2025.
The eight OPEC+ countries agreed in principle on Sunday to maintain a pause in their output hikes for the first quarter of 2026, Reuters reported, citing an OPEC+ source and a person familiar with OPEC+ talks as saying earlier.
The member countries took the same decision in a previous meeting held earlier this month.
OPEC+ has paused oil output hikes for the first quarter of 2026 after releasing some 2.9 million barrels per day into the market since April 2025.
