OPEC+ agreed to keep oil production unchanged through Q1 2026, citing weak seasonal demand and stable market conditions, while keeping voluntary cuts available if needed. The decision comes as oil prices are down over 18% since early 2025, raising oversupply concerns. The meeting took place amid tensions between Saudi Arabia and the United Arab Emirates, and growing uncertainty over Venezuela, following the announcement by the United States of the arrest of Venezuelan President Nicolás Maduro.