OPEC+ to continue to pause oil output increase in March

VIENNA, Feb. 1 (Xinhua) -- The Organization of the Petroleum Exporting Countries (OPEC) and its allies, known as OPEC+, decided on Sunday to continue pausing oil output increases in March, OPEC said in a statement.

The decision came after a virtual meeting of OPEC+ member countries, including Saudi Arabia, Russia, Iraq, the United Arab Emirates, Kuwait, Kazakhstan, Algeria and Oman, to review global market condi