OPEC+ keeps December oil output unchanged: Why Iran war disruptions cloud 2027 production plans
· livemint.com
OPEC+ has kept December oil production targets unchanged as the Iran war continues to disrupt Gulf exports. With most members pumping below targets, the alliance faces uncertainty over 2027 quotas, amid concerns about supply recovery through the Strait of Hormuz and a possible global oil surplus.
OPEC+ oil-producing countries have kept their December production targets unchanged, signalling that the group is unlikely to make further changes to its output...