Baghdad:The Ministry of Oil announced on Sunday that OPEC+ has decided to maintain oil production levels for December without any changes.

According to Iraqi News Agency, the decision was made during a meeting attended by Minister of Oil Basim Mohammed Khudair Al-Abadi via video conference. The meeting reaffirmed the commitment to global market stability.

The Ministry specified that the production levels for December will remain the same as those in September. The seven OPEC+ countries involved are Iraq, Saudi Arabia, Russia, Kuwait, Kazakhstan, Algeria, and Oman. These nations will continue to hold monthly meetings to assess market conditions.

The statement also mentioned that the meeting was attended by Ali Nizar, Director General of the Oil Marketing Company, and Iraq’s representative to OPEC, Mohammed Adnan.