The seven Opec+ countries that previously announced additional voluntary production adjustments in April and November 2023 will maintain their September 2026 production levels for October, following a virtual meeting on September 6  to review global oil market conditions and the outlook.

The participating countries, Saudi Arabia, Russia, Iraq, Kuwait, Kazakhstan, Algeria and Oman, agreed to keep October production at the levels required for September 2026, according to the production table issued following the meeting.

The countries also reaffirmed their collective commitment to achieving full compliance with the Opec+ Declaration of Cooperation.

The seven producers will continue to meet monthly to assess market conditions and determine appropriate production levels.

Their next meeting is scheduled for October 4, 2026. -OGN/TradeArabia News Service