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OPEC Heavyweights Discuss Oil Market Ahead of Key Meeting

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Russia's seaborne crude oil exports have fallen significantly in recent weeks, driven by lower shipments to India, raising questions about OPEC production plans for December.

Top officials from the three biggest producers in the

group in achieving these objectives,” the office of the Iraqi prime minister noted. The three biggest producers in the group at the December 1 meeting to delay – once again – the output increase currently planned to begin in January, according to recent market speculation. The most recent signal of a possible delay came from non-

will likely remain committed to production curbs for yet another month, the energy minister of Azerbaijan told Reuters ahead of the group’s Sunday meeting. “

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Oil Market News Oil Prices Jump as OPEC Delays Output HikeOil prices jumped in early trading on Monday as OPEC delayed its planned production hikes yet again.
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