The OPEC+ countries decided to maintain the production level set for September 2026 in December 2026. This will be announced on the website of the Cabinet of Ministers of the Russian Federation following a meeting of the group of seven OPEC+ member countries.
The meeting assessed the current situation and prospects for the development of the global oil market. OPEC+ member countries have confirmed their commitment to comply with the declaration on cooperation.
OPEC+ member countries include Saudi Arabia, Russia, Iraq, Kuwait, Kazakhstan, Algeria and Oman.
