BUSINESS Oil output move: Opec+ announces fresh 137,000 bpd hike from December; aims to protect market share amid US shale slowdown Sumitra November 3, 2025 Opec+ nations, including Saudi Arabia and Russia, will boost oil output by 137,000 barrels daily from December for three months. This modest rise, a pause in previous hikes, aims to secure market share amid steady prices and declining US shale. Continue Reading Previous: PM Carney cites ‘progress’ with India, Asia-Pacific; seeks to cut US dependenceNext: Gold slides Rs 11,000 from peak as dollar strengthens: Silver outperforms with festive boost; should you buy the dip or wait for more correction? Related Stories BUSINESS India targets $1 trillion exports in FY27 as Piyush Goyal bets on FTAs, global demand Sumitra May 14, 2026 BUSINESS Petrol and diesel prices may rise if Middle East crisis persists, says RBI Governor Sanjay Malhotra Sumitra May 14, 2026 BUSINESS US stock market today (May 12, 2026): Oil price surge, inflation fears drag Wall Street, S&P 500 down 0.6%, Nasdaq 0.9% lower Sumitra May 13, 2026