OPEC+ Leaves Oil Output Targets Unchanged for December

Published: November 1, 2026 at 4:02 PM

News summary

Seven members of the OPEC+ group of oil producers agreed to keep output quotas unchanged in December, after unwinding the last of their voluntary cuts in September.

Importance: Medium · 62/100
Impact direction: Negative

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EconomicGlobal

OPEC+ Leaves Oil Output Targets Unchanged for December

Published: November 1, 2026 at 4:02 PM

News summary

Seven members of the OPEC+ group of oil producers agreed to keep output quotas unchanged in December, after unwinding the last of their voluntary cuts in September.

Importance: Medium · 62/100
Impact direction: Negative