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FR
2025-09-08|Saudi Arabia, Russia, Iraq, UAE, Kuwait, Kazakhstan, Algeria, and Oman reaffirm commitment to market stability on current healthy oil market fundamentals and steady global economic outlook and adjust production
['Jean-Guy Debord']
Les news d'Europétrole
This adjustment will be implemented in October 2025 as detailed in the table below.
The 1.65 million barrels per day may be returned in part or in full subject to evolving market conditions and in a gradual manner.
The eight OPEC+ countries also noted that this measure will provide an opportunity for the participating countries to accelerate their compensation.
The eight countries reiterated their collective commitment to achieve full conformity with the Declaration of Cooperation, including the additional voluntary production adjustments that will be monitored by the Joint Ministerial Monitoring Committee (JMMC).
The eight OPEC+ countries will hold monthly meetings to review market conditions, conformity, and compensation.
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