← Back to the brief
Original PDF ↗
Ministry of Energy (MOE) · Press Release
Saudi Arabia, Russia, Iraq, Kuwait, Kazakhstan, Algeria, and Oman adjust production and reaffirm commitment to market stability
المملكة وروسيا والعراق والكويت وكازاخستان والجزائر وعُمان تقوم بتعديل الإنتاج وتؤكد مجددًا التزامها باستقرار السوق البترولية
No action neededAwareness
The seven OPEC+ countries, which previously announced additional voluntary adjustments in April and November 2023, namely Saudi Arabia, Russia, Iraq, Kuwait, Kazakhstan, Algeria, and Oman met virtually on 7 June 2026, to review global market conditions and outlook.
PublishedJune 7, 2026
Effective—
GazetteNot gazetted