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OPEC+ Remains Steady on Oil Output
The OPEC+ countries, which include Saudi Arabia, Russia, Iraq, Kuwait, and some other nations, agreed during their virtual meeting on October 4, 2026, to maintain the oil production levels established in September 2026. They also committed to continuing monthly meetings to monitor the oil market and uphold their cooperation agreement. The next meeting is scheduled for November 1, 2026, to review market developments.
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