# OPEC+ agrees to keep November oil output targets steady

> OPEC+ agreed to keep oil production targets steady for November in a brief online meeting of seven core members. Gulf producers are pumping well below targets because war-related export disruptions have held exports at 60% to 80% of normal. Brent settled at $102.25 a barrel, and WTI at $91.11, after G7 diesel and crude reserve releases.

- Date: 2026-10-04 · published 2026-10-04T12:00:00.000Z
- Category: policy · region Global · magnitude low
- Page: https://feedsoft.ai/events/17059-opec-agrees-to-keep-november-oil-output-targets-steady
- Commodities: [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md), [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md), [ULSD / Diesel](https://feedsoft.ai/c/DIESEL.md)

## Why it matters

Unchanged targets with exports constrained leave the market tight, so supply stays limited even as strategic stock releases ease near-term fuel prices.

## Read by commodity

- WTI: neutral
- BRENT: neutral
- DIESEL: 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 | 2026-10-28 | [Opec+ agrees in principle to keep oil output targets steady in December, sources say - The Business Times](https://feedsoft.ai/events/4126-opec-agrees-in-principle-to-keep-oil-output-targets-steady-in-december-sources.md) | -4.7% | — |
| 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% |
| BRENT | 2023-11-30 | [OPEC+ agrees to voluntary oil output cuts - Business & Finance - Business Recorder](https://feedsoft.ai/events/33089-opec-agrees-to-voluntary-oil-output-cuts-business-and-finance-business-recorder.md) | -10.5% | -5.2% |
| BRENT | 2026-01-04 | [OPEC+ Sticks With Plan to Keep Oil Flow Steady Amid Turmoil - Bloomberg](https://feedsoft.ai/events/20968-opec-sticks-with-plan-to-keep-oil-flow-steady-amid-turmoil-bloomberg.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 | 2026-10-28 | [Opec+ agrees in principle to keep oil output targets steady in December, sources say - The Business Times](https://feedsoft.ai/events/4126-opec-agrees-in-principle-to-keep-oil-output-targets-steady-in-december-sources.md) | -2.1% | — |
| WTI | 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) | +3.1% | +7.9% |

## Sources

- cnbc.com: https://www.cnbc.com/2026/10/04/opec-agrees-to-keep-november-oil-output-targets-steady.html

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