Opec+ Set to Hold Steady on Oil Quotas Next Month

Opec+ members are likely to stick with their plan to hold crude production quotas steady for next month, according to two delegates.

The nations led by Saudi Arabia and Russia will probably ratify their existing roadmap in November, keeping targets unchanged.

This comes as oil flows from the Middle East show signs of rebounding after being disrupted by the Iran war, but millions of barrels of regional production remain shuttered.

Opec's secretariat in Vienna and the Saudi energy ministry did not immediately respond to requests for comment.