00:00It's Benzinga, bringing Wall Street to Main Street.
00:02OPEC Plus kept oil output unchanged after a brief online meeting on Sunday,
00:07as the group avoided discussion of political crises affecting several members,
00:11according to CNBC. The meeting followed a more than 18% drop in oil prices in 2025,
00:17the steepest annual decline since 2020 amid oversupply concerns.
00:22Eight OPEC Plus members had raised output targets by about 2.9 million barrels per day
00:27in 2025 to regain market share. They agreed in November to pause further increases through
00:32March due to low winter demand, and Sunday's meeting reaffirmed that decision.
00:37The group did not discuss Venezuela, even after the United States captured President
00:41Nicolas Maduro. For all things money, visit Benzinga.com.
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