# OPEC+ Held October Quotas Steady on 6 September as Group's Output Share Fell to About 40%

> Seven core OPEC+ members kept October production quotas unchanged at a September video meeting and deferred talks on 2027 baselines. The group's share of global oil output fell to about 40% after the UAE exited OPEC and the Iran war disrupted exports.

- Date: 2026-11-14 · published 2026-11-15T00:15:39.839Z
- Category: policy · region Global · magnitude medium
- Page: https://feedsoft.ai/events/100257-opec-held-october-quotas-steady-on-6-september-as-group-s-output-share-fell-to
- Commodities: [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md), [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md)

## Why it matters

Unchanged quotas and a shrinking OPEC+ share of supply leave the group less able to steer crude prices, so the market is driven more by China demand and Gulf export disruptions.

## Read by commodity

- WTI: neutral
- BRENT: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| BRENT | 2026-10-01 | [OPEC+ agrees to keep November oil output targets steady](https://feedsoft.ai/events/17056-opec-agrees-to-keep-november-oil-output-targets-steady.md) | +2.6% | +8.8% |
| BRENT | 2026-10-04 | [OPEC+ agrees to keep November oil output targets steady](https://feedsoft.ai/events/17059-opec-agrees-to-keep-november-oil-output-targets-steady.md) | -0.9% | +2.2% |
| BRENT | 2026-07-28 | [OPEC+ likely to pause oil output hikes after September, sources say \| Reuters](https://feedsoft.ai/events/18254-opec-likely-to-pause-oil-output-hikes-after-september-sources-say-reuters.md) | -4.2% | +2.6% |
| BRENT | 2020-09-18 | [OPEC JMMC asks members to maintain status quo on production quotas](https://feedsoft.ai/events/51057-opec-jmmc-asks-members-to-maintain-status-quo-on-production-quotas.md) | -2.9% | -1.0% |
| BRENT | 2026-01-04 | [OPEC+ keeps oil output steady amid turmoil among members \| Reuters](https://feedsoft.ai/events/20967-opec-keeps-oil-output-steady-amid-turmoil-among-members-reuters.md) | +4.7% | +16.5% |
| WTI | 2026-10-01 | [OPEC+ agrees to keep November oil output targets steady](https://feedsoft.ai/events/17056-opec-agrees-to-keep-november-oil-output-targets-steady.md) | -2.3% | +8.7% |
| WTI | 2026-10-04 | [OPEC+ agrees to keep November oil output targets steady](https://feedsoft.ai/events/17059-opec-agrees-to-keep-november-oil-output-targets-steady.md) | +0.8% | +8.4% |
| WTI | 2026-07-28 | [OPEC+ likely to pause oil output hikes after September, sources say \| Reuters](https://feedsoft.ai/events/18254-opec-likely-to-pause-oil-output-hikes-after-september-sources-say-reuters.md) | -2.7% | +2.6% |

## Sources

- energyreader.io: https://energyreader.io/brief/19097

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.