OPEC+ agrees in principle to keep oil output targets steady in December, sources say

 OPEC+ oil-producing countries have ‌agreed in principle to keep their December oil output targets steady at a meeting on Sunday, three people with knowledge of the matter ​told Reuters, in line with expectations that further output ​policy adjustments won’t occur until next year.

Sunday’s online meeting ⁠of seven core OPEC+ members — Saudi Arabia, Russia, Iraq, ​Kuwait, Algeria, Kazakhstan and Oman — comes as Gulf members have been ​boosting exports that have been disrupted for months by the Iran war. Most, however, are still pumping well below their output targets.