OPEC+ is leaning toward keeping oil production targets unchanged for November when seven core members meet online Sunday, which would mark the alliance’s second consecutive month without an output-policy adjustment. Two sources familiar with the matter told Reuters that no final decision had been made. The group has raised production targets for most of the year but held them steady for October, while Gulf producers have increased exports after months of disruption linked to the Iran war, though most remain below their targets. The seven producers recorded combined output of 25.0 million barrels per day in August, up 630,000 bpd from July but about 5 million bpd below February’s pre-war level. OPEC+ completed the phased rollback in September of a 1.65 million-bpd cut agreed in 2023, but roughly 2 million bpd of additional cuts remain in place for most members through the end of 2026. The group is reviewing members’ production capacity before setting 2027 baselines, with a report from DeGolyer and MacNaughton expected soon. The Joint Ministerial Monitoring Committee, which does not set policy, will separately review the market on Sunday.