Sunday, November 30, 2025

Explained: Why OPEC+ hit pause on output hikes — and What the 2026 oil surplus means for India and the world

The decision signals a defensive strategy to prevent price declines amid weakening market fundamentals and geopolitical uncertainties involving Russia, Ukraine, the US, and Venezuela. The group prioritized internal cohesion by delaying quota reassessments.

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/mCcfRMj

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