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Wednesday, February 4, 2026 2:5 GMT

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OPEC+ Likely to Maintain Oil Output Pause for March

published:02/02/2026 09:01 GMT

OPEC+ is expected to keep its pause on oil ‍output increases ‍for March at a meeting on Sunday, three OPEC+ delegates ​told Reuters, with prices rising due to a drop in Kazakhstan's oil production. The ⁠meeting of eight members of OPEC+, which pumps about half the world's oil, ⁠follows an 8% ‌jump in oil prices so far this month to exceed US$66 a barrel despite concern that a supply glut would push ⁠prices down. The eight members - Saudi Arabia, Russia, UAE, Kazakhstan, Kuwait, Iraq, Algeria...More


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