{
  "id": 11933992,
  "title": "OPEC+ agree to keep oil output level unchanged for November",
  "url": "https://urgent.news/2026/10/04/opec-agree-to-keep-oil-output-level-unchanged-for-november",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-04T13:01:14.000Z",
  "source": {
    "name": "Saudi Gazette",
    "slug": "saudi-gazette",
    "url": "https://saudigazette.com.sa/article/665103/saudi-arabia/opec-agree-to-keep-oil-output-level-unchanged-for-november"
  },
  "original_language": "en",
  "account": "OPEC+ has decided to maintain its oil output level unchanged for November, the organization announced on Sunday. This decision follows a virtual meeting of the member countries, including Saudi Arabia, Russia, Iraq, Kuwait, Kazakhstan, Algeria, and Oman, to assess global market conditions and the economic outlook. The seven countries agreed to continue the production levels set in September 2026 for the month of November 2026. In September, OPEC+ had maintained production levels for October 2026, as initially decided in August. Earlier this year, the seven OPEC+ countries had been steadily increasing oil production from April to September, before pausing the increases in October. Currently, Gulf OPEC+ producers are pumping well below target output levels due to ongoing export disruptions caused by the US-Iran war, with exports fluctuating between 60% and 80% of normal levels in recent months. The next meeting of OPEC+ will take place on November 1 to review market conditions and consider further actions.",
  "summary": "RIYADH — The Organization of the Petroleum Exporting Countries and its allies (OPEC+), agreed to keep their oil output level unchanged for the second consecutive month in November, OPEC said in a statement on Sunday. The decision was made after a virtual meeting of OPEC+ member countries, including Saudi Arabia, Russia, Iraq, Kuwait, Kazakhstan, Algeria and Oman, to review global market…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}