https://www.live-feeds.com/feed/opec-plus-to-keep-oil-production-steadyContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/opec-plus-to-keep-oil-production-steadyhttps://www.live-feeds.com/feed/opec-plus-to-keep-oil-production-steady#u60262Mon, 07 Sep 2026 16:18:44 +0000OPEC+ decided during a Sunday meeting to keep its oil output policy and production quotas unchanged for October. The producer group will maintain current levels while members work to agree on new quotas before determining future output steps. This decision comes as global markets face volatility, including a price surge past $97 a barrel following naval skirmishes between the U.S. and Iran near the Strait of Hormuz, which have reduced tanker traffic to the lowest levels since May.Why it mattersOPEC+ manages global oil supply to influence market prices and stability. Current geopolitical tensio