Tue, 21-Oct-2025

OPEC+ sticks to planned output hike

VIENNA — The world’s major oil producers have pledged to stick to the plan to increase oil production by 400,000 barrels per day next month. The 23rd OPEC (Organization of the Petroleum Exporting Countries) and non-OPEC Ministerial Meeting (ONOMM), held via videoconference on Thursday. OPEC and its allies are also known as OPEC+. The ONOMM … Read more