OPEC+ Permitted Oil Production to Drop in Q1 2026 Compared to December 2025

NAMPA / Sputnik

2025-11-02

MOSCOW, November 2 (RIA Novosti) - The permitted oil production level of the eight OPEC+ countries with voluntary restrictions in January-March 2026 will decrease compared to December 2025 due to increased compensation for Kazakhstan's overproduction, according to calculations by RIA Novosti based on OPEC data. Following a meeting on Sunday, Russia, Saudi Arabia, Iraq, Kazakhstan, Kuwait, the United Arab Emirates, Oman and Algeria decided to rais......

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