Middle East Minute: Oil prices soar as OPEC+ maintains current production levels - Al-Monitor: The Middle Eastʼs leading independent news source since 2012

Al-Monitor's Joe Snell with the latest Middle East headlines in one minute.

OPEC+ decision to maintain production marks end of oil’s turbulent year

Al-Monitor Staff

Al-Monitor Staff

Saudi Energy Minister Abdulaziz bin Salman bin Abdulaziz Al Saud addresses the 29th annual Middle East Petroleum and Gas Conference.

Breaking | Last Updated: August 3, 2022, 11:48 am

OPEC+ agrees to small oil production increase

Saudi Arabia's Minister of Energy Abdulaziz bin Salman looks on during a press conference after the 45th Joint Ministerial Monitoring Committee and the 33rd OPEC and non-OPEC Ministerial Meeting in Vienna, Austria, on October 5, 2022. (Photo by VLADIMIR SIMICEK/AFP via Getty Images)

OPEC+ likely to maintain oil output at meeting, in gesture to US

Salim A. Essaid

A flame from a Saudi Aramco oil installion known as "Pump 3" is seen in the desert near the oil-rich area of Khouris, 160 kms east of the Saudi capital Riyadh, on June 23, 2008. (Photo credit MARWAN NAAMANI/AFP via Getty Images)

Signaling US, OPEC+ agrees to keep oil production unchanged

Al-Monitor Staff

Al-Monitor Staff