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عين ليبيا
Source: عين ليبيا
5 Hrsعين ليبيا
Source: عين ليبيا
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Saudi Arabia, Russia, Iraq, Kuwait, Algeria, Kazakhstan and Oman are leaning toward maintaining their oil production targets for December, with the decision set to be discussed at an online meeting on November 1, 2026. The move comes as OPEC+ focuses on reviewing quotas for 2027, after cancelling a voluntary cut of 1.65 million barrels per day in September, while additional cuts of around 2 million barrels per day remain in place through the end of 2026. Exports from some Gulf countries are still below target levels because of regional disruptions, meaning actual supply will depend on their ability to restore production and exports, as well as on the results of the production-capacity review.
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