Exam-Oriented Key Points
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OPEC+ (Organisation of the Petroleum Exporting Countries and allies) decided to pause further oil production hikes after December 2025.
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The group had planned a production increase of 1,37,000 barrels per day in December 2025, but halted additional hikes for January–March 2026.
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The decision reflects caution amid forecasts of a global oil surplus and uncertain demand going into early 2026.
Month: Current Affairs - November 05, 2025
Category: Economy and Energy Sector