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OPEC+ Maintains Production Cuts as Oil Trades Near $80 Barrel
Commodities

OPEC+ Maintains Production Cuts as Oil Trades Near $80 Barrel

OPEC+ members confirmed they will maintain existing production cut agreements through the end of the year, keeping oil prices supported near the $80 per barrel level despite pressure from non-member producers.

Ben Stafford · 27 May 2026
OPEC+ Holds Production Cuts as Oil Trades Near $80
Commodities

OPEC+ Holds Production Cuts as Oil Trades Near $80

OPEC+ members confirmed they will maintain existing production cut agreements through year-end, keeping Brent crude near $80.

Sophie Leclerc · 17 May 2026