Skip to content
Guavy Logo GUAVY
Sign up
Back to Guavy Wire
Commodities

OPEC+ Set to Maintain Oil Output Policy Amid Disruptions

Guavy AI Editorial Team
Instruments
Oil
Share

OPEC+ is set to maintain its current oil output policy in October at a meeting on Sunday, according to three sources close to the matter. The group's decision comes as it completes the unwinding of one layer of production cuts this month and focuses on negotiations for 2027 quotas.

The Iran war has disrupted oil exports through the Strait of Hormuz, reducing OPEC+'s influence over prices and market share. Unlike in the past, the group's supply decisions now have a more limited impact on the market.

Seven core OPEC+ members, Saudi Arabia, Russia, Iraq, Kuwait, Algeria, Kazakhstan, and Oman, will meet online at 1100 GMT to discuss their production quotas. These countries have been increasing their monthly production quotas for most of this year.

More on Commodities

Commodities just now

Stocks Surge as Crude Oil Prices and Bond Yields Stabilize

Commodities just now

Ryanair Cuts Winter Traffic Target Amid Soaring Fuel Costs

Commodities 1m ago

U.S. Oil Inventories Plummet as Fuel Demand Weakens

Disclaimer: Guavy is a data and market intelligence provider, not an investment adviser. The information, signals, and market analysis provided by the Guavy API and related services are for informational purposes only and are not intended as financial advice, investment recommendations, or an endorsement of any particular trading strategy. Trading in volatile markets, including cryptocurrency, carries significant risk and may not be suitable for all investors. Past performance is not indicative of future results. Users should consult with a qualified financial professional before making any investment decisions. Guavy makes no guarantee of trading profits or financial returns.

Guavy Logo GUAVY

Market sentiment intelligence for apps, funds & agents

Location

729 55 Ave SW
Calgary AB T2V 0G4
Canada

Navigate

Markets

Resources

© 2026 Guavy Inc

Terms Privacy Policy