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5.4
OPEC+ Holds November Quota at 31.01M bpd, Output Lags
OilPrice.com·SA · RU · AE·1 day ago
Ministers from seven OPEC+ countries (Russia, Saudi Arabia, Algeria, Kuwait, Iraq, Kazakhstan, Oman) agreed to keep current production quotas for November, continuing the group's steady output policy. The decision signals no immediate supply change, likely maintaining current oil price levels. Market impact is muted as the move aligns with expectations.
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