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OPEC+ keeps oil output steady amid global turmoil
short by Mansi Agarwal / on Sunday, 4 January, 2026
OPEC+ on Sunday decided to keep oil output unchanged amid global turmoil. The group of eight nations, which produces about half of the world's oil, didn't reportedly discuss Venezuela during their 10-minute meeting. The US recently attacked Venezuela, which has the world's largest oil reserves, and said that US oil companies will fix the latter's "badly broken" oil infrastructure.
read more at Reuters