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OPEC receives updated compensation plans from Russia, Iraq, others

ReutersNov 2, 2025 7:32 PM

- The secretariat for the Organization of the Petroleum Exporting Countries on Sunday announced it has received updated compensation plans from Russia, Iraq, the United Arab Emirates, Kazakhstan and Oman.

The schedule received from the five members covered the period from last month until June 2026 to make up for producing above their targets.

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