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The Economic Times
The Economic Times
Business

FOUND: Opec keeps oil output policy unchanged for october - You Need To See This

OPEC+ kept its oil output policy unchanged for October at a meeting on Sunday, it said in a statement, as the producer group needs to ‌agree new quotas before ⁠deciding ⁠its next output steps.

The meeting of seven core OPEC+ members - Saudi Arabia, Russia, Iraq, Kuwait, Algeria, Kazakhstan ​and Oman - comes as the Iran war continues to disrupt oil exports through the Strait of Hormuz, ​limiting OPEC+'s influence over prices and market share.

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