OPEC+ keeps December oil output targets steady as Iran war continues to disrupt flows

OPEC oil-producing countries kept production targets steady for December at a meeting 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 US-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