14 Hrs
Source:
الوئام
OPEC+ countries keep Nov oil output
Saudi Arabia and six other countries in the OPEC+ coalition agreed to keep their oil production levels for November 2026 at the same levels as September 2026, in order to maintain stability in the global oil market. Production quotas have been set for countries such as Russia (9.949 million barrels), Iraq (4.431 million barrels), and Kuwait (2.676 million barrels), with a commitment to review the market monthly. The coalition's goal is to ensure a balance between supply and demand and to reduce price volatility. This decision reflects the countries' dedication to supporting the stability of the global oil market through ongoing coordination.
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