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Opec+ set to hold oil output

25 5
01.12.2025

LONDON: Opec is likely to leave oil output levels for the first quarter of 2026 unchanged at its meetings on Sunday, three delegates from the group said on Saturday, moderating a push to regain market share amid fears of a looming supply glut.

The meeting of Opec , which pumps half of the world’s oil, comes as oil prices are also under pressure from the prospect of a Russia-Ukraine peace deal. Brent crude closed on Friday near $63 a barrel,........

© Dawn Business