‎7 OPEC+ nations keep December oil output targets steady

‎7 OPEC+ nations keep December oil output targets steady ‎7 OPEC+ nations keep December oil output targets steady

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Seven OPEC+ member countries—including Saudi Arabia, Russia, Iraq, Kuwait, Kazakhstan, Algeria, and Oman—decided to maintain their oil production targets for December unchanged from the levels required for September.

According to an OPEC statement, the participating countries reaffirmed their collective commitment to achieving full compliance with the Declaration of Cooperation.

The seven countries also confirmed they will continue to hold monthly meetings to review oil market conditions, with the next meeting scheduled for Nov. 29.

 

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Logo of OPEC

Seven OPEC+ member countries—including Saudi Arabia, Russia, Iraq, Kuwait, Kazakhstan, Algeria, and Oman—decided to maintain their oil production targets for December unchanged from the levels required for September.

According to an OPEC statement, the participating countries reaffirmed their collective commitment to achieving full compliance with the Declaration of Cooperation.

The seven countries also confirmed they will continue to hold monthly meetings to review oil market conditions, with the next meeting scheduled for Nov. 29.

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