OPEC+ to keep oil output steady amid supply and geopolitical concerns.

OPEC+ said on January 4 it will keep oil output consistent, upholding a November 2025 agreement to pause production increases through January–March; oil prices fell more than 18% in 2025.

OPEC+ announced on January 4 that it will keep oil output consistent. The group is maintaining a November 2025 decision by eight members to pause production increases in January, February and March. Oil prices fell more than 18% in 2025, the largest annual drop since 2020. Key details: - OPEC+ said on Jan. 4 it would keep oil output consistent. - The decision maintains a November 2025 agreement to pause increases in January, February and March. - The consortium accounts for roughly half of global oil production and includes OPEC members such as Algeria, Iran, Saudi Arabia and the United Arab Emirates, along with non-OPEC producers including Russia, Mexico and Kazakhstan. - Oil prices fell more than 18% in 2025, the biggest yearly decline since 2020. Summary: Keeping output steady extends the pause on production increases through March and preserves current supply settings across the consortium. Undetermined at this time.