"OPEC+" announces to continue suspending production increase, and will no longer raise crude oil output in March.

date
02/02/2026
Local time on February 1st, it was learned that members of the "OPEC+" organization agreed to maintain the policy of production cuts and keep crude oil production unchanged in March. The "OPEC+" announced that its member countries agreed at the meeting to keep crude oil production unchanged in March. Recently, oil prices have risen due to market concerns that the United States may launch a military strike against OPEC member country Iran.