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Oil prices climb after Opec+keeps output unchanged amid geopolitical uncertainty

Upstream Online · last updated

Oil prices climb after Opec+keeps output unchanged amid geopolitical uncertainty

Opec+ decides to pause production increments in January, February and March 2026

People walk past an installation depicting a barrel of oil with the logo of the Organisation of the Petroleum Exporting Countries (Opec).
People walk past an installation depicting a barrel of oil with the logo of the Organisation of the Petroleum Exporting Countries (Opec).Photo: REUTERS/SCANPIX