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What significant policy shift will result from the OPEC+ meeting by April 2025?
2
Resolution / Starting Odds
Increase production • 25%
Decrease production • 25%
Introduce new quotas • 25%
Other • 25%
Official OPEC+ communiqués and press releases
Story
OPEC+ Reaches Initial Agreement to Delay December Oil Output Increase by One Month
Nov 3, 2024, 03:16 PM
OPEC+ has reached an initial agreement to delay the planned increase in oil output for December by one month, according to multiple sources. The decision, reported on November 3, comes after discussions among OPEC+ delegates about the possibility of postponing the restart of oil supplies. This move aims to address market conditions and stabilize oil prices.
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Agree to increase production • 25%
Agree to decrease production • 25%
Agree to maintain current levels • 25%
No consensus reached • 25%
Proceed as planned • 25%
Delayed by 1 month • 25%
Delayed by more than 1 month • 25%
Cancelled • 25%
Prices increase significantly • 25%
Prices decrease significantly • 25%
Prices remain stable • 25%
Mixed impact • 25%
Increase production • 25%
Decrease production • 25%
Maintain current production • 25%
No consensus reached • 25%
Increase • 25%
Decrease • 25%
Remain the same • 25%
No data available • 25%