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Various-OPEC Plus/Oil Production
FILE: Vienna, Austria - Date Unknown (CCTV - No access Chinese mainland)
1. Various of exterior of headquarters of Organization of the Petroleum Exporting Countries (OPEC)
FILE: Bab Oilfield, UAE - 2023 (CGTN - No access Chinese mainland)
2. Various of oil field facilities, pipelines
FILE: Saudi Arabia - Date Unknown (CCTV - No access Chinese mainland)
3. Various of oil processing facilities
4. Gas flaring
FILE: Iraq - March 7, 2016 (CCTV - No access Chinese mainland)
5. Various of oil refineries
FILE: Kuwait - Aug 7, 2017 (CCTV - No access Chinese mainland)
6. Various of oil drilling rig
FILE: Russia - Date unknown (CCTV - No access Chinese mainland)
7. Various of rigs in operation
The Organization of the Petroleum Exporting Countries (OPEC) and its allies, known as OPEC+, have decided to pause oil output increases in January, February and March 2026 due to seasonality, OPEC said in a statement on Sunday.
The decision followed a virtual meeting of member countries, including Saudi Arabia, Russia, Iraq, the United Arab Emirates, Kuwait, Kazakhstan, Algeria and Oman, to review global market conditions and the economic outlook.
The statement said that the eight participating countries decided to pause production increments in January, February, and March 2026 due to seasonality.
The eight OPEC+ countries have been raising oil output month by month since April this year.
The statement said the countries will adopt a cautious approach and maintain full flexibility to adjust their outputs as needed.
The countries are scheduled to meet again on Jan. 4, 2026 to make further decisions, according to the organization.
Various-OPEC Plus/Oil Production
Dateline : File
Location : Various
Duration : 1'18
FILE: Vienna, Austria - Date Unknown (CCTV - No access Chinese mainland)
1. Various of exterior of headquarters of Organization of the Petroleum Exporting Countries (OPEC)
FILE: Bab Oilfield, UAE - 2023 (CGTN - No access Chinese mainland)
2. Various of oil field facilities, pipelines
FILE: Saudi Arabia - Date Unknown (CCTV - No access Chinese mainland)
3. Various of oil processing facilities
4. Gas flaring
FILE: Iraq - March 7, 2016 (CCTV - No access Chinese mainland)
5. Various of oil refineries
FILE: Kuwait - Aug 7, 2017 (CCTV - No access Chinese mainland)
6. Various of oil drilling rig
FILE: Russia - Date unknown (CCTV - No access Chinese mainland)
7. Various of rigs in operation
The Organization of the Petroleum Exporting Countries (OPEC) and its allies, known as OPEC+, have decided to pause oil output increases in January, February and March 2026 due to seasonality, OPEC said in a statement on Sunday.
The decision followed a virtual meeting of member countries, including Saudi Arabia, Russia, Iraq, the United Arab Emirates, Kuwait, Kazakhstan, Algeria and Oman, to review global market conditions and the economic outlook.
The statement said that the eight participating countries decided to pause production increments in January, February, and March 2026 due to seasonality.
The eight OPEC+ countries have been raising oil output month by month since April this year.
The statement said the countries will adopt a cautious approach and maintain full flexibility to adjust their outputs as needed.
The countries are scheduled to meet again on Jan. 4, 2026 to make further decisions, according to the organization.
ID : 8455496
Published : 2025-12-01 12:30
Last Modified : 2025-12-01 17:00:39
Source : China Central Television (CCTV),China Global Television Network (CGTN)
Restrictions : No access Chinese mainland
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