Logo of OPEC
OPEC received updatedoutput compensation plans from Iraq, the UAE, Kazakhstan, andOman, the organization said on Monday in a post on X. 
The announcement follows a virtual OPEC+ meeting held on Sunday, in which the alliance decided to keep its oil production level unchanged for March.
The statement did not address what OPEC+, which collectively produces about half of the world’s oil, may decide for the period after March.
Logo of OPEC
OPEC received updatedoutput compensation plans from Iraq, the UAE, Kazakhstan, andOman, the organization said on Monday in a post on X.
The announcement follows a virtual OPEC+ meeting held on Sunday, in which the alliance decided to keep its oil production level unchanged for March.
The statement did not address what OPEC+, which collectively produces about half of the world’s oil, may decide for the period after March.
