Kuwait among seven OPEC+ countries that hold November production at September levels

16 October 2026

Seven countries taking part in the Declaration of Cooperation met virtually on 4 October 2026, according to a statement on the OPEC website.
They were Saudi Arabia, Russia, Iraq, Kuwait, Kazakhstan, Algeria and Oman.
The countries decided to keep their September 2026 required production levels for November 2026.
They reaffirmed a collective commitment to achieve full conformity with the Declaration of Cooperation.
The group said it would continue to meet monthly to review market conditions, with its next meeting set for 1 November 2026.
Kuwait is a founder member of OPEC and oil income remains the main source of its state revenue.