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International Business Times
International Business Times
Business

OPEC+ Holds Production Levels as Internal Crises Rattle Oil Markets

OPEC+ decided on Sunday to keep oil production levels unchanged, choosing stability over immediate action as political crises rattle the global oil market.

The brief meeting involved eight members of the group — Saudi Arabia, Russia, the UAE, Kazakhstan, Kuwait, Iraq, Algeria, and Oman — which together account for roughly half of the world's oil supply.

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