OPEC+ member states led by Saudi Arabia and Russia are likely to keep their November crude oil production quotas unchanged. Delegates expect the organization to approve the current roadmap at Sunday's meeting. Despite a recovery in crude oil flows, millions of barrels of production capacity in the Middle East are still shut down; at the same time, OPEC+ member countries are facing capacity restrictions due to insufficient investment, sanctions, and equipment shutdowns. The organization's 2027 policy will depend on a capacity assessment to be completed this week.

Zhitongcaijing · 1d ago
OPEC+ member states led by Saudi Arabia and Russia are likely to keep their November crude oil production quotas unchanged. Delegates expect the organization to approve the current roadmap at Sunday's meeting. Despite a recovery in crude oil flows, millions of barrels of production capacity in the Middle East are still shut down; at the same time, OPEC+ member countries are facing capacity restrictions due to insufficient investment, sanctions, and equipment shutdowns. The organization's 2027 policy will depend on a capacity assessment to be completed this week.