# OPEC+ ministers reaffirm earlier decisions on oil production in 2026 -  Business & Economy - TASS

> OPEC+ ministers reaffirmed existing agreements capping overall oil production through 2026 after their 40th ministerial meeting. The group approved a mechanism to assess maximum sustainable capacity for 2027 baselines and set the next ministerial meeting for June 7, 2026.

- Date: 2025-11-30 · published 2025-11-30T12:00:00.000Z
- Category: geopolitics · region Global · magnitude low
- Page: https://feedsoft.ai/events/21873-opec-ministers-reaffirm-earlier-decisions-on-oil-production-in-2026-business
- Commodities: [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md), [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md)

## Why it matters

Reaffirmed output limits through 2026 keep supply growth constrained, which offers some support to crude prices. The effect on feed costs is indirect and modest.

## Read by commodity

- WTI: neutral
- BRENT: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| BRENT | 2022-12-02 | [OPEC+ decision on oil quotas muddled by Russian sanctions \| S&P Global](https://feedsoft.ai/events/38394-opec-decision-on-oil-quotas-muddled-by-russian-sanctions-s-and-p-global.md) | -12.1% | -2.6% |
| BRENT | 2024-11-28 | [OPEC+ postpones meeting to decide oil production strategy to Dec. 5: Sources](https://feedsoft.ai/events/27303-opec-postpones-meeting-to-decide-oil-production-strategy-to-dec-5-sources.md) | +0.2% | +0.0% |
| BRENT | 2021-11-22 | [OPEC considers lowering production to account for oil reserve releases](https://feedsoft.ai/events/43987-opec-considers-lowering-production-to-account-for-oil-reserve-releases.md) | -8.8% | -7.9% |
| BRENT | 2020-10-19 | [OPEC Meeting Ends Without Firm Decision On Output Cuts \| OilPrice.com](https://feedsoft.ai/events/50550-opec-meeting-ends-without-firm-decision-on-output-cuts-oilprice-com.md) | -2.1% | +0.0% |
| BRENT | 2025-11-01 | [Oil Rises on Reports US Plans to Strike OPEC Producer Venezuela](https://feedsoft.ai/events/22561-oil-rises-on-reports-us-plans-to-strike-opec-producer-venezuela.md) | -2.4% | -2.5% |
| WTI | 2022-12-02 | [OPEC+ decision on oil quotas muddled by Russian sanctions \| S&P Global](https://feedsoft.ai/events/38394-opec-decision-on-oil-quotas-muddled-by-russian-sanctions-s-and-p-global.md) | -12.0% | -1.1% |
| WTI | 2024-11-28 | [OPEC+ postpones meeting to decide oil production strategy to Dec. 5: Sources](https://feedsoft.ai/events/27303-opec-postpones-meeting-to-decide-oil-production-strategy-to-dec-5-sources.md) | -0.6% | +3.1% |
| WTI | 2021-11-22 | [OPEC considers lowering production to account for oil reserve releases](https://feedsoft.ai/events/43987-opec-considers-lowering-production-to-account-for-oil-reserve-releases.md) | -8.2% | -9.9% |

## Sources

- tass.com: https://tass.com/economy/2051267

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