The seven core members of the Organization of the Petroleum Exporting Countries and allies (OPEC+) agreed in principle to keep production targets unchanged next month, three people with knowledge of the matter told Reuters, in an article published by Channel NewsAsia.
Sunday’s online meeting of the group — Saudi Arabia, Russia, Iraq, Kuwait, Algeria, Kazakhstan and Oman — comes as Gulf members have been boosting exports disrupted for months by the conflict. Most, however, are still pumping well below their targets.