On November 26-27, 2024, intensive negotiations were held ahead of the OPEC+ Ministerial Meeting involving representatives from Russia, Saudi Arabia, Iraq, and Kazakhstan. These discussions, conducted both in person and via teleconference, marked a crucial step toward forging a unified stance among alliance members. The talks focused on current commitments, addressing overproduction, and ensuring stability in the global oil market. Participants reaffirmed their commitment to voluntary production cuts and underscored the importance of collaboration in achieving OPEC+'s long-term objectives.