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He explained that the commitment to production quotas among the countries of the group is high, and that Global oil market Stable thanks to what OPEC+ is doing, among other factors.
He added, OPEC+ Global oil demand is expected to grow by 1 million barrels per day in 2025.
Earlier on Thursday, OPEC+, which includes the Organization of the Petroleum Exporting Countries (OPEC) and allies including Russia, delayed the increase in oil production by three months until April and extended the full cancellation of cuts until the end of 2026 due to weak demand and increased production outside the group.
