Logo of OPEC
OPEC+ is expected to keep its oil production targets for December unchanged at a virtual meeting on Sunday, with any additional policy changes likely postponed until next year, Reuters reported citing people familiar with the matter. 
The meeting includes seven key countries: Saudi Arabia, Russia, Iraq, Kuwait, Algeria, Kazakhstan, and Oman. The group has not yet made a final decision, according to sources.
In September, the group completed the gradual reversal of production cuts totaling 1.65 million barrels per day that were approved in 2023.
Logo of OPEC
OPEC+ is expected to keep its oil production targets for December unchanged at a virtual meeting on Sunday, with any additional policy changes likely postponed until next year, Reuters reported citing people familiar with the matter.
The meeting includes seven key countries: Saudi Arabia, Russia, Iraq, Kuwait, Algeria, Kazakhstan, and Oman. The group has not yet made a final decision, according to sources.
In September, the group completed the gradual reversal of production cuts totaling 1.65 million barrels per day that were approved in 2023.
