According to ChainCatcher, OPEC+ has postponed its oil production capacity review after the U.S. and Israel’s war with Iran disrupted capacity expansion plans across the Middle East. The review is intended to determine oil output quotas for 2027. It had originally been scheduled for completion by the end of September 2026, but is now expected to be finished before mid-November. The update points to a shift in the timetable for a key assessment tied to future production allocations within the group.
OPEC+ has delayed its oil production capacity review after the U.S. and Israel’s war with Iran disrupted capacity expansion plans in the Middle East, according to ChainCatcher.
The review is meant to determine oil output quotas for 2027. It had originally been due by the end of September 2026 and is now expected to be completed before mid-November.
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