{
  "id": 17685781,
  "title": "OPEC+ set to keep Dec oil output targets unchanged",
  "url": "https://urgent.news/2026/11/01/opec-set-to-keep-dec-oil-output-targets-unchanged",
  "topic": "business",
  "section": "Business",
  "published": "2026-11-01T21:27:00.000Z",
  "source": {
    "name": "Qatar Tribune Business",
    "slug": "qatar-tribune-business",
    "url": "https://www.qatar-tribune.com/article/262038/business/opec-set-to-keep-dec-oil-output-targets-unchanged"
  },
  "original_language": "en",
  "account": "OPEC+ oil-producing countries have decided to maintain their December production targets unchanged, according to Reuters. This decision signals a temporary pause in output policy adjustments until the group convenes to negotiate production quotas for 2027 next year. The news comes ahead of a virtual meeting of seven key members of OPEC+ - Saudi Arabia, Russia, Iraq, Kuwait, Algeria, Kazakhstan, and Oman. Reuters spoke to three people familiar with the matter, who declined to be identified. The group had already completed a phased reduction of 1.65 million barrels per day (bpd) in September, a reduction that initially started in 2023. The group is currently still implementing another layer of cuts, amounting to around 2 million bpd, across most members until the end of 2026. The decision to keep December production targets steady is expected to be in line with the group's plan not to make further changes to its production policy during the fourth quarter. Instead, their focus will be on establishing output levels for 2027. The group is also set to complete a review of members' production capacities during the fourth quarter, which will help determine baselines for 2027 and inform plans to unwind remaining supply cuts.",
  "summary": "ANINew Delhi OPEC+ oil-producing countries have agreed in principle to keep their December production targets unchanged, signalling a pause in output policy adjustments until next...",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 6,
    "also_reported_by": [
      {
        "outlet": "CNA - Business",
        "title": "OPEC+ set to keep oil output targets steady, sources say",
        "url": "https://urgent.news/2026/11/01/opec-set-to-keep-oil-output-targets-steady-sources-say",
        "published": "2026-11-01T09:41:30.000Z"
      },
      {
        "outlet": "Business Recorder",
        "title": "OPEC+ set to keep oil output targets steady, sources say",
        "url": "https://urgent.news/2026/11/01/opec-set-to-keep-oil-output-targets-steady-sources-say-17579912",
        "published": "2026-11-01T10:17:47.000Z"
      },
      {
        "outlet": "Investing.com",
        "title": "OPEC+ keeps December oil output targets steady as Iran war continues to disrupt flows",
        "url": "https://urgent.news/2026/11/01/opec-keeps-december-oil-output-targets-steady-as-iran-war-continues-17607613",
        "published": "2026-11-01T13:12:23.000Z"
      },
      {
        "outlet": "Hindustan Times - World News",
        "title": "OPEC+ set to keep December oil production targets unchanged amid US-Iran war disruptions",
        "url": "https://urgent.news/2026/11/01/opec-set-to-keep-december-oil-production-targets-unchanged-amid-us",
        "published": "2026-11-01T13:21:50.000Z"
      },
      {
        "outlet": "Saudi Gazette",
        "title": "OPEC+ agree to keep oil output quota steady for December",
        "url": "https://urgent.news/2026/11/01/opec-agree-to-keep-oil-output-quota-steady-for-december",
        "published": "2026-11-01T14:42:04.000Z"
      }
    ]
  },
  "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."
}