# OPEC+ Holds November Quota at 31.01 Million Barrels Daily | Investing.com

> OPEC+ agreed on Sunday to keep its November oil production quota unchanged from October, at 31.01 million bpd for the covered members. Group output in August was only 25 million bpd, well below quota. Analysts say Hormuz flows have recovered but OPEC+ production remains below quotas, leaving the market tight.

- Date: 2026-10-05 · published 2026-10-05T12:00:00.000Z
- Category: policy · region Global · magnitude low
- Page: https://feedsoft.ai/events/17060-opec-holds-november-quota-at-31-01-million-barrels-daily-investing-com
- Commodities: [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md), [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md)

## Why it matters

Quota holds with output well below targets mean no near-term supply relief, which supports crude prices and the energy costs behind feed production.

## Read by commodity

- WTI: neutral
- BRENT: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| BRENT | 2026-10-28 | [Northwest European diesel margins hold steady amid mixed signals By Investing.com](https://feedsoft.ai/events/277-northwest-european-diesel-margins-hold-steady-amid-mixed-signals-by-investing.md) | -4.7% | — |
| BRENT | 2017-06-02 | [Saudis: OPEC May Discuss Deeper Cuts In November \| OilPrice.com](https://feedsoft.ai/events/70395-saudis-opec-may-discuss-deeper-cuts-in-november-oilprice-com.md) | -6.5% | -6.3% |
| BRENT | 2025-05-28 | [OPEC+ holds oil quotas ahead of July production review](https://feedsoft.ai/events/24603-opec-holds-oil-quotas-ahead-of-july-production-review.md) | +3.7% | +6.1% |
| BRENT | 2019-04-09 | [With Russia Cold To Cuts And Libya On Fire, OPEC Supply Squeeze May End \| Investing.com](https://feedsoft.ai/events/59504-with-russia-cold-to-cuts-and-libya-on-fire-opec-supply-squeeze-may-end.md) | -0.1% | -1.0% |
| BRENT | 2018-03-09 | [OPEC+ seven agree to maintain November production levels](https://feedsoft.ai/events/65936-opec-seven-agree-to-maintain-november-production-levels.md) | +1.0% | +4.8% |
| WTI | 2017-06-02 | [Saudis: OPEC May Discuss Deeper Cuts In November \| OilPrice.com](https://feedsoft.ai/events/70395-saudis-opec-may-discuss-deeper-cuts-in-november-oilprice-com.md) | -5.5% | -7.1% |
| WTI | 2025-05-28 | [OPEC+ holds oil quotas ahead of July production review](https://feedsoft.ai/events/24603-opec-holds-oil-quotas-ahead-of-july-production-review.md) | +4.1% | +6.9% |
| WTI | 2019-04-09 | [With Russia Cold To Cuts And Libya On Fire, OPEC Supply Squeeze May End \| Investing.com](https://feedsoft.ai/events/59504-with-russia-cold-to-cuts-and-libya-on-fire-opec-supply-squeeze-may-end.md) | -1.5% | -4.6% |

## Sources

- investing.com: https://www.investing.com/analysis/opec-holds-november-quota-at-3101-million-barrels-daily-200688937

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