OPEC+ to Review Production Levels

OPEC+, a group of oil-producing countries, is expected to keep oil production the same in March.

They made this decision in November to deal with a global surplus and some political risks.

The group, led by Saudi Arabia and Russia, will meet on Sunday to review this decision.

So far, there's no need to change the plan because of recent events in Venezuela and Iran, but if there's a big problem with oil supply, they might increase production.

Oil prices have gone up a bit this year, but they're not much higher than they were in November.

A recent winter storm in the US caused some disruptions at oil refineries, which might affect oil demand.

The US might also start getting more oil from Venezuela, which could add more oil to the market.