00:00We move on to the topics. Eight members of the Organization of Petroleum Exporting Countries and Independent Suppliers OPEC Plus
00:07maintained their decision not to increase oil production for the month of March.
00:11The decision was made by Russia, Saudi Arabia, the United Arab Emirates, Iraq, Algeria, Kuwait, Kazakhstan and Oman
00:18confirming their statement of November 2, 2025 to suspend the gradual increase in production in March 2026
00:26due to seasonal fluctuations. These eight country members raised their production quotas by about 2.9 million barrels per day
00:35from April through December 2025, roughly 3% of global demand.
00:40The Committee re-apprimed the crucial importance of ensuring full compliance and levelling up the uptake compensation schedules.
Comments