OPEC+ Countries Reaffirm Commitment to Market Stability

Seven major oil-producing countries reaffirmed their commitment to market stability during a virtual meeting on September 6, 2026. The group includes Saudi Arabia, Russia, Iraq, Kuwait, Kazakhstan, Algeria, and Oman.

The seven countries reviewed global market conditions and outlook, deciding to maintain the required production for October 2026 as detailed in a table provided by OPEC.

They reiterated their collective commitment to achieving full conformity with the Declaration of Cooperation. The group will continue to hold monthly meetings to review market conditions, with the next meeting scheduled for October 4, 2026.