Members of the OPEC+ oil cartel have agreed to extend restrictions on the global production of crude oil until the end of 2025. The group said in a press release on Sunday that national restrictions of around 2 million barrels per day would be prolonged after a meeting in the Saudi capital Riyadh, leading to an international limit of almost 40 million barrels per day. The aim of limiting production is to maintain a stable oil price on the global market. The Vienna-based Organization of Petroleum Exporting Countries (OPEC) consists of 12 countries, mostly in the Middle East and Africa. Since 20…