By Ahmad Ghaddar, Alex Lawler and Olesya Astakhova

LONDON/MOSCOW, Nov 30 (Reuters) – OPEC+ will likely leave oil output levels unchanged at its meetings on Sunday, four OPEC+ sources said as the group slows down its push to regain market share amid fears of a looming supply glut.

The meeting of OPEC+, which pumps half of the world’s oil, comes during a fresh U.S. effort to broker a Russia-Ukraine peace deal, which could add to oil supply if sanctions on Russia are eased. Ministers have started a series of online meetings, two sources said.

If the peace deal fails, Russia could see its supply curbed further by sanctions. OPEC+ groups the Organization of the Petroleum Exporting Countries and allies led by Russia.

Brent crude closed on Friday near $63 a barrel, down 15% this year.

OPEC+

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