OPEC+ to keep oil output unchanged as Iran tensions boost prices
New York Post·2026-02-01 19:40
OPEC+ agreed to keep its oil output unchanged for March at a meeting, the producer group said on Sunday, even after crude prices hit six-month highs on concern the US could launch a military strike on OPEC member Iran.The meeting of eight OPEC+ members comes as Brent crude closed near $70 a barrel on Friday, close to the six-month high of $71.89 it hit on Thursday, despite speculation that a supply glut in 2026 would push prices down.The eight producers — Saudi Arabia, Russia, the United Arab Emirates, Kaza ...