OPEC+ Countries Agree to Maintain Oil Production Levels for December

Seven OPEC+ nations, including Saudi Arabia and Russia, have decided to keep their oil production levels for December 2026 unchanged from the September 2026 figures. This decision follows a virtual meeting held on November 1, 2026, to review global oil market conditions. The group reaffirmed its commitment to the Declaration of Cooperation, with their next meeting scheduled for November 29, 2026.