Vienna: The OPEC+ alliance has decided to keep oil production unchanged in 2026.

According to National Iraqi News Agency, the alliance reaffirmed the framework of the Declaration of Cooperation signed on December 10, 2016, which was adopted in subsequent meetings.

It explained that "the participating countries agreed on the mechanism developed by the Secretariat to assess the maximum sustainable production capacity of these countries," noting that "the 41st Ministerial Meeting of the alliance will be held on June 7, 2026."