OPEC+ keeps December oil output targets steady ahead of tougher call for 2027

OPEC oil-producing countries kept December production targets steady on Sunday confirming expectations that more policy adjustments will not occur until next year as the group continues to struggle with export disruptions from the Iran war Seven core OPEC members Saudi Arabia Russia Iraq Kuwait Algeria Kazakhstan and Oman made the decision in an online meeting on Sunday OPEC said in a statement While Gulf members have been boosting exports that have been disrupted for months by the conflict most are still pumping well below their targets