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The Economic Times News

Business / The Economic Times

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OPEC+ maintains steady oil output amid geopolitical tensions

OPEC+ has decided to keep oil production steady. This decision comes despite political friction between Saudi Arabia and the UAE, and the US apprehending Venezuela's president. Oil prices have seen a significant drop. The group, which produces half of the world's oil, will increase output targets from April to December 2025.

5 Jan 2026 5:42 am