OPEC decided to maintain current production levels into 2026 on fears of a global glut.A 3D-printed oil pump jack is seen in front of the OPEC logo on April 14, 2020. Dado Ruvic/Illustration/Reuters12/1/2025|Updated: 12/1/2025OPEC decided to maintain current production levels into 2026 on fears of a global glut.Oil prices rose over $1 a barrel on Monday after drone attacks by Ukraine, rising tensions between the United States and Venezuela, and a decision by global oil producers to keep output levels unchanged in the first three months of 2026.Jill McLaughlin is an award-winning journalist covering politics, environment, and statewide issues. She has been a reporter and editor for newspapers in Oregon, Nevada, and New Mexico. Jill was born in Yosemite National Park and enjoys the majestic outdoors, traveling, golfing, and hiking.Author’s Selected Articles
17.1
C
Ottawa
Sunday, June 14, 2026
The Alliance Press is the world leader in online chained news and information and seeks to inform, engage and empower the world. We expose the information that wasn't known before or current events broadcast over the radio, television, online or in print media. Our content is now available through your mobile phone. No matter where your on-the-go lifestyle takes you, TAP brings the news directly to you.
More from CN
Contact
© The Alliance Media Group design by CODEUS