OPEC+ is expected to keep its oil production targets unchanged for November, according to three sources familiar with discussions ahead of the group’s meeting Sunday.

The Organization of the Petroleum Exporting Countries and its allies, including Russia, have spent much of 2026 gradually increasing production targets after years of cuts. However, ongoing disruptions tied to the U.S.-Israeli war with Iran have prevented many members from actually reaching the higher levels set on paper.

Gulf producers have been operating well below their targets as crude exports have fluctuated at roughly 60% to 80% of normal levels in recent months. The conflict has also delayed an assessment of members’ production capacity that will help determine how output quotas are allocated beginning in 2027.

The seven core OPEC+ members, Saudi Arabia, Russia, Iraq, Kuwait, Algeria, Kazakhstan and Oman, produced about 25 million barrels per day in August, an increase of roughly 630,000 barrels per day from July. That remained about 5 million barrels per day below February levels before the war disrupted regional energy markets.

OPEC+ still has approximately 2 million barrels per day in production cuts covering most members. The pending capacity review is expected to help determine how future increases are distributed, with sources indicating that significant changes to individual production levels are unlikely before 2027.

For November, however, the group appears prepared to maintain the existing targets as uncertainty surrounding actual production capacity and regional exports continues to weigh on the market.