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BusinessQuiet 12d · day 18

OPEC+ Holds December Oil Output Targets Steady

Core OPEC+ producers agree to freeze quotas for a second straight month as Gulf exports recover from Iran-war disruptions.

newest coverage 12d agosummary written 12d ago28 pieces NewswiresGoogle NewsReddit

What to know

  • OPEC+'s seven core members — Saudi Arabia, Russia, Iraq, Kuwait, Algeria, Kazakhstan and Oman — are holding December output targets unchanged.
  • The freeze extends a pause in policy adjustments as the group shifts focus to negotiating 2027 production baselines.
  • Gulf producers are still pumping below their output quotas even as they restore exports disrupted for months by the Iran war.
  • About 2 million bpd of production cuts remain in place for most members through the end of 2026, pending a capacity review ahead of 2027 quota-setting.

OPEC+ Oil-producing alliance (OPEC plus allies including Russia)Saudi Arabia Core OPEC+ memberRussia Core OPEC+ member (non-OPEC ally)Iraq, Kuwait, Algeria, Kazakhstan, Oman Core OPEC+ members

OPEC+ Holds December Oil Output Targets Steady
Channel News Asia

How it unfolded 4 developments, newest first · click a bar or a number to jump articles

Peak 7 pieces in 4h at Nov 1, 4 AM; 28 pieces over 18 days (27 articles · 1 post) Oct 27, 5 AM — 1 piece · 1 article — Newswires 1Oct 27, 9 AM — 4 pieces · 4 articles — Google News 4Oct 27, 1 PM — quietOct 27, 5 PM — quietOct 27, 9 PM — quietOct 28, 1 AM — quietOct 28, 5 AM — quietOct 28, 9 AM — quietOct 28, 1 PM — quietOct 28, 5 PM — quietOct 28, 9 PM — quietOct 29, 1 AM — quietOct 29, 5 AM — quietOct 29, 9 AM — quietOct 29, 1 PM — quietOct 29, 5 PM — quietOct 29, 9 PM — quietOct 30, 1 AM — quietOct 30, 5 AM — quietOct 30, 9 AM — quietOct 30, 1 PM — quietOct 30, 5 PM — quietOct 30, 9 PM — quietOct 31, 1 AM — quietOct 31, 5 AM — quietOct 31, 9 AM — 1 piece · 1 article — Newswires 1Oct 31, 1 PM — 5 pieces · 5 articles — Google News 3, Newswires 2Oct 31, 5 PM — 1 piece · 1 article — Newswires 1Oct 31, 9 PM — quietNov 1, 1 AM — quietNov 1, 4 AM — 7 pieces · 7 articles — Newswires 5, Google News 2Nov 1, 8 AM — 7 pieces · 7 articles — Newswires 4, Google News 3Nov 1, 12 PM — 2 pieces · 1 article · 1 post — Newswires 1, Reddit 1Nov 1, 4 PM — quietNov 1, 8 PM — quietNov 2, 12 AM — quietNov 2, 4 AM — quietNov 2, 8 AM — quietNov 2, 12 PM — quietNov 2, 4 PM — quietNov 2, 8 PM — quietNov 3, 12 AM — quietNov 3, 4 AM — quietNov 3, 8 AM — quietNov 3, 12 PM — quietNov 3, 4 PM — quietNov 3, 8 PM — quietNov 4, 12 AM — quietNov 4, 4 AM — quietNov 4, 8 AM — quietNov 4, 12 PM — quietNov 4, 4 PM — quietNov 4, 8 PM — quietNov 5, 12 AM — quietNov 5, 4 AM — quietNov 5, 8 AM — quietNov 5, 12 PM — quietNov 5, 4 PM — quietNov 5, 8 PM — quietNov 6, 12 AM — quietNov 6, 4 AM — quietNov 6, 8 AM — quietNov 6, 12 PM — quietNov 6, 4 PM — quietNov 6, 8 PM — quietNov 7, 12 AM — quietNov 7, 4 AM — quietNov 7, 8 AM — quietNov 7, 12 PM — quietNov 7, 4 PM — quietNov 7, 8 PM — quietNov 8, 12 AM — quietNov 8, 4 AM — quietNov 8, 8 AM — quietNov 8, 12 PM — quietNov 8, 4 PM — quietNov 8, 8 PM — quietNov 9, 12 AM — quietNov 9, 4 AM — quietNov 9, 8 AM — quietNov 9, 12 PM — quietNov 9, 4 PM — quietNov 9, 8 PM — quietNov 10, 12 AM — quietNov 10, 4 AM — quietNov 10, 8 AM — quietNov 10, 12 PM — quietNov 10, 4 PM — quietNov 10, 8 PM — quietNov 11, 12 AM — quietNov 11, 4 AM — quietNov 11, 8 AM — quietNov 11, 12 PM — quietNov 11, 4 PM — quietNov 11, 8 PM — quietYesterday, 12 AM — quietYesterday, 4 AM — quietYesterday, 8 AM — quietYesterday, 12 PM — quietYesterday, 4 PM — quietYesterday, 8 PM — quietToday, 12 AM — quietToday, 4 AM — quietToday, 8 AM — quietToday, 12 PM — quietToday, 4 PM — quietToday, 8 PM — quiet 12–34
Oct 28Oct 30Nov 1Nov 3Nov 5Nov 7Nov 9Nov 11now · 10:05 PM ET
  1. 4

    OPEC+ meeting confirms unchanged December output targets

    Channel News Asia reports that OPEC+ is set to keep oil output targets steady following the Sunday meeting, confirming earlier sourced reporting.

    1. 4 outlets OPEC+ set to hold December oil output steady, Reuters reports

      first by Investing.com News, 13d ago · also CNBC, Reuters, Investing.com India

      1 more headline
  2. 3

    Gulf members keep boosting exports despite Iran-war disruption

    CNBC notes the online meeting of seven core OPEC+ members comes as Gulf producers have been increasing exports that were disrupted for months by the war with Iran.

    “Sunday's online meeting of seven core OPEC+ members comes as Gulf members have been boosting exports disrupted for months by the war with Iran.”
    — CNBC
  3. 2

    OPEC+ agrees in principle to hold targets steady

    Ahead of the formal Sunday meeting, Reuters sources say the seven core OPEC+ members have agreed in principle to keep December output targets unchanged.

    1. 1 outlet OPEC+ set to keep production targets unchanged in December, source says

      first by Investing.com News, 13d ago

  4. 3 days quiet
  5. 1

    Sources say OPEC+ set to freeze December quotas

    Reuters sources tell Channel News Asia that OPEC+'s seven core members are likely to keep December output targets steady at an upcoming Sunday meeting, in line with expectations that further adjustments are unlikely until 2027.

    “OPEC+ oil-producing countries are likely to keep their December oil output targets steady on Sunday, three people with knowledge of the matter told Reuters…”
    — Reuters sources
    1. 12 outlets OPEC+ set to keep oil output targets steady, sources say

      first by Forex Factory, 12d ago · also The National UAE, Bloomberg Markets, Investing.com News, Channel News Asia, Hindustan Times, Seeking Alpha +5

      9 more headlines
    2. 3 outlets OPEC+ oil producers set to keep output targets steady at Sunday meeting, sources say

      first by Channel News Asia, 17d ago · also Firstpost, Crude Oil Prices Today | OilPrice.com

      4 more headlines