OPEC+ is set to keep its November oil output targets steady, according to reporting from multiple outlets citing sources. The decision maintains current production target levels rather than introducing new changes for the month.
The move comes after OPEC+ has been raising output targets during much of 2026 following years of production cuts. While target increases have occurred, some of the changes are described as largely remaining on paper rather than fully translating into actual supply.
Both outlets indicate the decision aligns with market expectations that further adjustments to OPEC+ output policy are unlikely until next year. In this view, the November hold reflects a pause in additional policy shifts after earlier rounds of gradual target increases.
