EconomyOPEC+ nations agree to keep December production quotas at November levels

Saudi Arabia, Russia, Iraq, Kuwait, Kazakhstan, Algeria and Oman agreed to keep oil production quotas in December at the previous month’s level. Russia’s quota is 9.949 million barrels a day, Saudi Arabia’s 10.478 million and Iraq’s 4.431 million. The seven countries will continue monthly meetings, with the next set for November 29.

OPEC+oil quotasproductionenergy markets

TTASS★★★★☆2026-11-01 13:15Original