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OPEC+ Set to Keep November Oil Output Targets Steady Amid War Disruptions

The oil-producing alliance is poised to leave production targets unchanged for November despite global conflicts, reports say.


OPEC headquarters in Vienna, 2015
OPEC headquarters in Vienna, 2015 · Photo: Vincent Eisfeld · CC BY-SA 4.0 · Wikimedia Commons

The OPEC+ alliance of oil-producing nations is set to keep its crude output targets unchanged for November, according to sources cited by The Moscow Times and Business Standard.

According to Business Standard, the emerging decision to maintain current production quotas comes against the backdrop of supply disruptions and the impacts of ongoing warfare in conflict zones.

At this stage, the alliance has not yet issued an official announcement regarding its decisions, and full details concerning the timing of ministerial meetings or specific production figures have not yet been released.

Sources: The Moscow Times, Business Standard

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