Energy / WORLD

Seven OPEC+ countries keep November oil output requirements at September levels

Saudi Arabia, Russia, Iraq, Kuwait, Kazakhstan, Algeria and Oman met online on 4 October to review global oil-market conditions and the outlook. The countries decided to maintain their September 2026 required production levels for November, according to OPEC’s announcement.

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The statement said the seven countries reaffirmed their commitment to full conformity with the Declaration of Cooperation. Their next monthly meeting is scheduled for 1 November. The decision concerns the November requirements announced for these seven countries and does not describe decisions by other producers.

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OPEC+ seven-country production decision of 4 October

Meeting date and November decision reported by OPEC.

  1. · Occurred

    Seven OPEC+ countries kept November requirements at September levels

    Saudi Arabia, Russia, Iraq, Kuwait, Kazakhstan, Algeria and Oman decided at their 4 October meeting to retain September’s required production levels for November 2026.

Methodology

Event record transcribed from OPEC’s announcement. It says the seven participants retained September 2026 required production for November; no volume is added because the release text table did not yield a verified quantity here.

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