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Market Chatter: OPEC+ to Reportedly Keep December Crude Output Quotas Unchanged

MT Newswires·11/01/2026 01:41:09
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01:41 AM EDT, 11/01/2026 (MT Newswires) -- Members of OPEC+, which includes the Organization of the Petroleum Exporting Countries and allies such as Russia, will reportedly keep oil production levels unchanged in December, Reuters reported on Oct. 31, citing people with knowledge of the matter. The sources said adjustments to the crude output policy might take place in 2027, adding that the group should finalize an evaluation of a member country's production capacity before setting 2027 quota baselines. (Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)