OPEC Plus Meets: No Output Increase, Capacity Evaluation
Update: 2025-11-30
Description
OPEC Plus to Maintain Oil Production Levels, Focuses on Assessing Member CapacityOPEC Plus, responsible for half of global oil production, is set to keep output steady at its upcoming meetings. The group, including Russia, is reassessing member capacities to set new quotas from 2027. This comes as Brent crude oil prices drop, and peace talks between Russia and Ukraine could impact oil supply.
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