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OPEC+OPEC+ agreed to pause its plans to continuously increase production in 2026, as its monthslong production hikes had stoked fear among global and U.S. producers that increased supply would push the market to an oil glut and further depress prices. Since April, OPEC+ has increased production by more than 2.5 million barrels per day, causing crude prices to toe and even fall below the $60 barrel line. Many domestic oil and gas executives said this …See the Story
OPEC+ 2026 Pause on Production Hikes Allays Fears of Oil Glut
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