# What's next for OPEC+ oil quotas as Saudi Arabia ramps up output?

> Saudi Arabia's crude output rose to 10.56 million barrels per day in October, up 26% from September and its highest since the Iran war began. OPEC+ is set to receive a US audit of member capacities, which will be used to set production limits from 2027, with ministers scheduled to meet on Nov. 29.

- Date: 2026-11-12 · published 2026-11-12T18:13:07.376Z
- Category: geopolitics · region Global · magnitude medium
- Page: https://feedsoft.ai/events/95893-what-s-next-for-opec-oil-quotas-as-saudi-arabia-ramps-up-output
- Commodities: [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md), [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md)

## Why it matters

Higher Saudi output and a quota framework based on capacity could add crude supply and weigh on oil prices, which feed into diesel, ethanol and fertilizer costs for feed producers.

## Read by commodity

- WTI: bearish ▼
- BRENT: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| BRENT | 2020-03-08 | [Saudi Arabia slashes April oil selling prices as OPEC+ fails to extend output curbs](https://feedsoft.ai/events/4424-saudi-arabia-slashes-april-oil-selling-prices-as-opec-fails-to-extend-output.md) | -27.3% | -36.6% |
| BRENT | 2022-06-02 | [OPEC+ brings forward oil output rises as Biden's Saudi visit looms \| Reuters](https://feedsoft.ai/events/40834-opec-brings-forward-oil-output-rises-as-biden-s-saudi-visit-looms-reuters.md) | +6.0% | -0.6% |
| BRENT | 2018-09-27 | [Saudi Arabia in short-term oil fix, fears extra U.S. supply next year](https://feedsoft.ai/events/62932-saudi-arabia-in-short-term-oil-fix-fears-extra-u-s-supply-next-year.md) | +5.2% | -5.9% |
| BRENT | 2019-09-17 | [Oil plunges on report Saudi Arabia may soon restore most of lost output](https://feedsoft.ai/events/57242-oil-plunges-on-report-saudi-arabia-may-soon-restore-most-of-lost-output.md) | -5.8% | -14.0% |
| BRENT | 2026-05-03 | [OPEC+ countries, including Saudi Arabia and Russia, to boost oil production \| AP News](https://feedsoft.ai/events/19149-opec-countries-including-saudi-arabia-and-russia-to-boost-oil-production-ap-news.md) | -9.5% | -14.6% |
| WTI | 2020-03-08 | [Saudi Arabia slashes April oil selling prices as OPEC+ fails to extend output curbs](https://feedsoft.ai/events/4424-saudi-arabia-slashes-april-oil-selling-prices-as-opec-fails-to-extend-output.md) | -23.0% | -31.2% |
| WTI | 2022-06-02 | [OPEC+ brings forward oil output rises as Biden's Saudi visit looms \| Reuters](https://feedsoft.ai/events/40834-opec-brings-forward-oil-output-rises-as-biden-s-saudi-visit-looms-reuters.md) | +5.8% | -7.1% |
| WTI | 2018-09-27 | [Saudi Arabia in short-term oil fix, fears extra U.S. supply next year](https://feedsoft.ai/events/62932-saudi-arabia-in-short-term-oil-fix-fears-extra-u-s-supply-next-year.md) | +6.1% | -7.4% |

## Sources

- al-monitor.com: https://www.al-monitor.com/originals/2026/11/whats-next-opec-oil-quotas-saudi-arabia-ramps-output

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