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The seven member countries of the "OPEC+" group, led by Saudi Arabia and Russia, decided to maintain the oil production levels set for September 2026 during their virtual meeting in November 2026. This decision was made to review the oil market and reaffirm their commitment to the Declaration of Cooperation. The decisions were consistent with prior expectations, with ongoing monthly meetings to monitor market developments, the next of which is scheduled for November 1, 2026.
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