# OPEC+ Countries To Discuss Oil Production Capacity Assessments In 2026

> Russian Deputy Prime Minister Alexander Novak said assessments of maximum oil production capacities for OPEC+ participating countries are expected to be completed by the end of 2026. The OPEC Secretariat is leading the work under a mechanism approved in 2025.

- Date: 2026-11-04 · published 2026-11-04T09:13:05.886Z
- Category: policy · region Global · magnitude low
- Page: https://feedsoft.ai/events/79543-opec-countries-to-discuss-oil-production-capacity-assessments-in-2026
- Commodities: [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md), [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md)

## Why it matters

The capacity baselines will set production levels for 2027, so they shape future OPEC+ supply quotas. Clear progress toward baselines is mildly bearish for crude over the longer term, though the immediate price effect is small.

## Read by commodity

- WTI: neutral
- BRENT: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| BRENT | 2026-04-05 | [OPEC+ to increase oil production by 206,000 bpd in May -  Business & Economy - TASS](https://feedsoft.ai/events/19614-opec-to-increase-oil-production-by-206-000-bpd-in-may-business-and-economy-tass.md) | -9.7% | -4.1% |
| BRENT | 2023-11-30 | [OPEC+ opts for 'voluntary cuts' in oil production, invites Brazil to join - EFE](https://feedsoft.ai/events/33088-opec-opts-for-voluntary-cuts-in-oil-production-invites-brazil-to-join-efe.md) | -10.5% | -5.2% |
| BRENT | 2025-02-05 | [MEED \| Opec+ decides to adhere to oil production policy](https://feedsoft.ai/events/25947-meed-opec-decides-to-adhere-to-oil-production-policy.md) | +1.2% | -6.2% |
| BRENT | 2022-03-31 | [OPEC votes to stop using IEA production data to assess quota compliance: sources \| S&P Global](https://feedsoft.ai/events/42177-opec-votes-to-stop-using-iea-production-data-to-assess-quota-compliance-sources.md) | -11.9% | -6.8% |
| BRENT | 2024-08-29 | [Iraq assures OPEC of full conformity with oil production guidelines, OPEC says](https://feedsoft.ai/events/28698-iraq-assures-opec-of-full-conformity-with-oil-production-guidelines-opec-says.md) | -7.1% | -6.2% |
| WTI | 2026-04-05 | [OPEC+ to increase oil production by 206,000 bpd in May -  Business & Economy - TASS](https://feedsoft.ai/events/19614-opec-to-increase-oil-production-by-206-000-bpd-in-may-business-and-economy-tass.md) | -13.2% | -7.5% |
| WTI | 2023-11-30 | [OPEC+ opts for 'voluntary cuts' in oil production, invites Brazil to join - EFE](https://feedsoft.ai/events/33088-opec-opts-for-voluntary-cuts-in-oil-production-invites-brazil-to-join-efe.md) | -11.0% | -7.4% |
| WTI | 2025-02-05 | [MEED \| Opec+ decides to adhere to oil production policy](https://feedsoft.ai/events/25947-meed-opec-decides-to-adhere-to-oil-production-policy.md) | +0.9% | -8.8% |

## Sources

- coinsinsight.com: https://coinsinsight.com/1111808220/OPEC-Countries-To-Discuss-Oil-Production-Capacity-Assessments-In-2026

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