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OPEC+ Freezes November Oil Targets

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OPEC+ is expected to keep its November oil production targets unchanged when seven core members meet Sunday. Gulf producers are gradually restoring exports disrupted by the Iran conflict, but output remains well below quotas. The group produced around 25 million barrels per day in August, roughly 5 million below pre-war levels, while attention increasingly shifts toward negotiating production baselines for 2027.

Source

https://www.reuters.com/business/energy/opec-oil-producers-set-keep-output-targets-steady-sunday-meeting-sources-say-2026-09-30/


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