Member nations meet this Sunday to finalize the agreement and address general market conditions and quota fulfillment, according to Russian Deputy PM Novak. UAE Energy Minister Suhail Al Mazrouei recently stated his support for the organization and noted his belief that markets can absorb the additional oil the UAE intends to produce.
Tuesday, October 20, 2026
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OPEC+ Reaches Agreement to Hold November Oil Production Quotas
Commodities17 days ago
Delegates from the oil consortium report that crude production targets will remain unchanged for the coming month. The alliance has reached a tentative consensus to maintain the existing limits for November, a decision driven by ongoing conflicts in the Middle East that have shut down portions of the group's overall output.
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