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OPEC+ keeps November oil production levels unchanged

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Summary

Seven major oil-exporting countries—Algeria, Iraq, Kazakhstan, Kuwait, Oman, Russia and Saudi Arabia—agreed Sunday to maintain their September production levels into November. The decision comes as Brent crude trades above $100 a barrel amid the Iran war. The OPEC+ group said output targets would remain steady rather than increase or decrease.

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Sources: OPEC+ keeps November oil production levels unchanged · News Unframed