The OPEC+ alliance is moving towards stabilizing oil production targets for November, as the ongoing war in Iran continues to impact crude exports and supplies in the region, while the repercussions of the conflict have delayed the review of production capacities of member countries, which are expected to contribute to determining quotas for 2027, according to three informed sources quoted by Reuters. The sources stated that the alliance has agreed in principle to maintain current production levels during the next month, as several Gulf countries that are members of OPEC continue to pump quantities significantly below their targets, with their exports ranging between 60 and 80 percent of their usual levels in recent months. Watch the full content on the...
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