OPEC+ Holds October Oil Output Quotas Steady Amid Geopolitical Turmoil

OPEC+ has decided to keep oil output quotas unchanged for October 2026, maintaining September levels amid heightened geopolitical tensions in West Asia and disruptions in the Strait of Hormuz.The move signals a preference for stability while the group prepares for a broader quota review in 2027.Seven OPEC+ countries – Saudi Arabia, Russia, Iraq, Kuwait, Kazakhstan, Algeria and Oman – met
OPEC+ has decided to keep oil output quotas unchanged for October 2026, maintaining September levels amid heightened geopolitical tensions in West Asia and disruptions in the Strait of Hormuz.The move signals a preference for stability while the group prepares for a broader quota review in 2027.Seven OPEC+ countries – Saudi Arabia, Russia, Iraq, Kuwait, Kazakhstan, Algeria and Oman – met
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