Track OPEC+ production quotas, compliance rates, and upcoming meetings in real-time.
Next meeting (seven voluntary-adjustment countries)
November 1, 2026
Last decision (4 Oct 2026): Saudi Arabia, Russia, Iraq, Kuwait, Kazakhstan, Algeria and Oman kept November 2026 required production at September 2026 levels — the second month in a row without an increase. Source: OPEC
OPEC crude production (EIA est.)
—
mb/d · EIA STEO
Output policy
Paused
Oct & Nov 2026 held at Sep level
4 October 2026
Seven countries maintain September 2026 required production for November 2026. Next meeting 1 November 2026.
6 September 2026
Seven countries maintain September 2026 required production for October 2026, pausing the monthly increases made from April to September 2026.
Sources: OPEC press releases (opec.org).
OPEC+ is an alliance of the Organization of the Petroleum Exporting Countries (OPEC) and allied non-OPEC producers led by Russia. Formed in 2016, the group coordinates production levels to stabilize global oil markets and manage supply. Together, OPEC+ members account for roughly 40% of the world's crude oil production and hold the vast majority of proven reserves, giving the alliance significant influence over global energy prices.
When OPEC+ agrees to cut production, reducing global oil supply tends to push prices higher as the market tightens. Conversely, decisions to increase output can put downward pressure on prices by flooding the market with additional supply. Traders and analysts closely watch OPEC+ meetings because even the language used in official statements can move crude oil futures by several percentage points within minutes. The group's ability to coordinate supply among major producers makes it one of the most powerful forces in global commodity markets.
Production compliance measures how closely each OPEC+ member adheres to its agreed-upon production quota. A compliance rate of 100% means a country is producing exactly at its target level. Rates above 100% indicate a country is producing less than its quota (over-complying), while rates below 100% suggest overproduction. Monitoring compliance is critical because the effectiveness of any OPEC+ agreement depends entirely on whether members follow through on their commitments. Countries that consistently exceed their quotas can undermine the group's strategy and create tensions among members.