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 disrupted for months by the war with Iran. Most, however, are still pumping well below their ​output targets. OPEC+ comprises the Organization of the Petroleum Exporting Countries and allies, including Russia. In September, OPEC+ ⁠completed the phased rollback of a 1.