Two sources familiar with the talks told Refinitiv OPEC+ will leave its October oil output policy unchanged at Sunday’s meeting, saying members must first agree new quotas before taking further production action. A layer of cuts covering most of the 21-member group remains in place through end-2026. The group needs to review members’ oil capacity to set 2027 production baselines that will underpin quotas before any phased exit from cuts, and sources said those baseline talks may occur in late 20

Two sources familiar with the talks told Refinitiv OPEC+ will leave its October oil output policy unchanged at Sunday’s meeting, saying members must first agree new quotas before taking further production action. A layer of cuts covering most of the 21-member group remains in place through end-2026. The group needs to review members’ oil capacity to set 2027 production baselines that will underpin quotas before any phased exit from cuts, and sources said those baseline talks may occur in late 2026, so OPEC+ could pause output increases in Q4.