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OPEC+ seven-member monthly production meeting - October 2026

4 October 2026 · All day · OPEC meeting · Global

Outcome

Seven OPEC+ members, Saudi Arabia, Russia, Iraq, Kuwait, Kazakhstan, Algeria and Oman, held their monthly virtual meeting on Sunday, October 4, 2026 (12 Mehr 1405), deciding to hold November 2026 production at the same level as September, meaning the pause in unwinding the voluntary 1.65 million barrel per day supply cut continues. The seven reaffirmed their commitment to the Declaration of Cooperation and set their next meeting for November 1, 2026 (10 Aban 1405).
Archival photo of an OPEC+ meeting; the seven-member monthly meeting is on 4 October 2026

Archival photo of an OPEC+ meeting; the seven-member monthly meeting is on 4 October 2026

Archive photo · Source: Shana

About this event

Status
Held
Production decision
تثبیت سطح تولید نوامبر ۲۰۲۶ در همان سطح سپتامبر؛ ادامه توقف روند لغو کاهش عرضه داوطلبانه روزانه یک میلیون و ۶۵۰ هزار بشکه‌ای
Next meeting
۱ نوامبر ۲۰۲۶ (۱۰ آبان ۱۴۰۵)
Official source

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