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RIYADH: The Organization of the Petroleum Exporting Countries and its allies, known as OPEC+, agrees to stick to the existing policy of gradual oil output rises by 400,000 barrels per day in April, OPEC said in a statement.
This came after the OPEC+ Joint Ministerial Monitoring Committee recommendation of sticking to the existing plan.
The group will hold its next meeting on March 31, OPEC a statement.