OPEC+ to continue to pause oil output increase
VIENNA, Jan. 5 (Xinhua) -- The Organization of the Petroleum Exporting Countries (OPEC) and its allies, known as OPEC+, have decided to continue pausing Kenya breaking news | Kenya news today |..
✨ Key Highlights
OPEC+ has announced a continued pause in oil output increases for February and March, citing seasonal factors. This decision, made during a virtual meeting, follows a similar hold on increases that began in January of 2026.
- The eight OPEC+ countries began monthly oil output increases in April 2025.
- Key organizations involved include OPEC and its allies, known as OPEC+.
- The next meeting to determine future output levels is scheduled for February 1.
Continue Reading
Read the complete article from Capital Business
Part of the Day's Coverage
Gold Surges on Geopolitical Risk; OPEC+ Pauses Oil Output; Tuna Sets Auction Record - January 2026
The price of gold surged by 1.8% to around $4,408 per ounce after the US captured Venezuelan President Nicolás Maduro, an event which raised geopolitical risk concerns among investors. In the energy market, OPEC+ announced it will continue to pause oil output increases for February and March, citing seasonal factors. This decision, made during a virtual meeting, follows a similar hold on increases that began in January of 2026. Separately, a new record was set at Tokyo's Toyosu fish market, where a 243kg bluefin tuna fetched a staggering 510.3 million yen ($3.2m). The winning bid at the year's first auction was placed by Kiyomura Corp, operator of the Sushi Zanmai chain.
