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OPEC+ Set to Freeze Oil Quotas Amid November Meeting

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OPEC+ member states are preparing to maintain their current oil production quotas when they meet this weekend, according to Bloomberg.

Two delegates informed the agency that they are likely to ratify their existing roadmap and keep production targets unchanged in November.

The OPEC Secretariat in Vienna and Saudi Arabia's Ministry of Energy did not respond to requests for comment regarding the matter.

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