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No change in plans for OPEC+ Production - 03-12-2021

Little price change day to day in gas and power prices. Demand is strong, but so to is supply to meet it here in the UK. Despite the emergence of the Omicron variant, OPEC+ will proceed with a 400,000 hike in oil production in January. This did little to move the other energy markets, but does send out a positive economic signal.