OPEC+ keeps oil production targets for December
1 Nov, 15:00
Seven OPEC+ countries, including Saudi Arabia and Russia, agreed on November 1 to maintain their current oil production targets for December. The decision comes amid continued uncertainty in global energy markets and disruptions to shipping in the Persian Gulf. The participating countries will continue monthly reviews of oil market conditions, with the next meeting scheduled for November 29.
Source: OPEC, November 1, 2026.
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