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OPEC+ members reaffirm commitment to oil market stability

At a November 30 video meet, OPEC+ members reiterated that the 1.65 million-barrel-per-day voluntary cuts may be gradually eased or fully lifted, subject to market conditions Saudi Arabia and seven other OPEC+ member countries have reaffirmed their decision to suspend production increases during the first three months of 2026 due to seasonal factors.
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Global Business Outlook broke the news in on Friday, December 5, 2025.
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