Seven OPEC+ producers — Saudi Arabia, Russia, Iraq, Kuwait, Kazakhstan, Algeria and Oman — met today and decided to maintain the December 2026 production quotas set in September 2026. They reaffirmed commitment to market stability and full compliance with the cooperation declaration. OPEC+ will continue monthly reviews; next meeting is scheduled for Nov. 29, 2026.

2026-11-01

Seven OPEC+ producers — Saudi Arabia, Russia, Iraq, Kuwait, Kazakhstan, Algeria and Oman — met today and decided to maintain the December 2026 production quotas set in September 2026. They reaffirmed commitment to market stability and full compliance with the cooperation declaration. OPEC+ will continue monthly reviews; next meeting is scheduled for Nov. 29, 2026.