Oil Prices Edge Higher After OPEC+ Pauses Output Hikes in Early 2026
Yahoo Finance·2025-11-03 09:22
Oil prices rose modestly in early Asian trading on Monday after OPEC+ opted for a limited production increase in December and delayed further hikes in the first quarter of 2026, signalling caution amid demand uncertainty. At the time of writing, Brent was trading up 0.54% at 61.33, up 0.57% from the previous close. In a Sunday online meeting, eight OPEC+ members agreed to raise production by 137,000 barrels per day in December 2025, a figure in ...