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Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world Oil advanced after OPEC+ said it plans to pause output increases during the first quarter after making another modest hike for next month. Brent crude rose above $65 a barrel, while West Texas Intermediate traded near $61. The Organization of the Petroleum Exporting Countries and its allies said on Sunday they would raise crude production by about 137,000 barrels a day in December, matching increases scheduled for October and November, then take a January-to-March hiatus.
