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OPEC+ to increase oil output by 180,000 bpd from Dec 1, shifting focus from $100 oil price target.
OPEC+ plans to increase oil output by 180,000 barrels per day starting December 1, despite some members committing to deeper cuts.
Saudi Arabia is shifting focus away from its $100 oil price target to regain market share, amid falling prices and rising U.S. supply.
While the overall market remains volatile, OPEC+ leaders emphasize adherence to output discipline based on market fundamentals rather than specific price targets.
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OPEP+ aumentará la producción de petróleo en 180,000 bpd a partir del 1 de diciembre, cambiando el enfoque del objetivo de precio del petróleo de $100.