Opec+ set to keep December oil output targets unchanged, focus shifts to 2027 quotas

Opec+ oil-producing countries have agreed in principle to keep their December production targets unchanged, signalling a pause in output policy adjustments until next year as the group prepares to negotiate production quotas for 2027, Reuters reported on Sunday. Three people familiar with the matter told the news agency that the understanding was reached ahead of Sunday’s online meeting of seven…