The Economic Times

OPEC+ set to extend oil production pause till March amid soaring prices, sources say

OPEC+ is expected to maintain its current oil production policy for March. Sources indicate no changes are likely when the group meets on Sunday. Brent crude prices have surged to their highest point since August. This comes amid concerns of potential U.S. military action against Iran and disruptions in Kazakhstan's oilfields. The group pumps half the world's oil.