DUBAI: OPEC+ agreed to stick to its oil output targets at a meeting on Sunday , two OPEC+ sources told Reuters, as the oil markets struggle to assess the impact of a slowing Chinese economy on demand and a G7 price cap on Russian oil on supply.
OPEC+ argued it had cut output because of a weaker economic outlook. Oil prices have declined since October due to slower Chinese and global growth and higher interest rates, prompting market speculation the group could cut output again.
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