The Organization of the Petroleum Exporting Countries (OPEC) and its allies, known as OPEC+, decided on Sunday to pause oil output increases in October, OPEC said in a statement.
The decision came after a virtual meeting of the OPEC+ member countries, including Saudi Arabia, Russia, Iraq, Kuwait, Kazakhstan, Algeria and Oman, to review global market conditions and the economic outlook.
"The seven participating countries decided to maintain September 2026 required production for October 2026," the statement noted.
The OPEC+ countries have been raising oil output on a monthly basis since April 2026.
OPEC said the seven countries will meet next time on October 4 to review market conditions
OPEC+ to pause oil output increase in October
OPEC+ to pause oil output increase in October
International journalists were able to visit Gyirong Port in southwest China’s Xizang Autonomous Region over the weekend, noting both the ongoing rescue efforts and the headway being made in recovery after the devastating mudslide.
The mudslide, triggered by a high-altitude glacier collapse in Nepal, hit Gyirong Port on August 26, killing 43 and leaving 519 missing as of Saturday.
Journalists from the United States, the United Kingdom, Russia, India, Pakistan, Singapore, Brazil, and other countries and regions visited the hardest-hit area at Gyirong Port on Saturday and Sunday to learn about the disaster situation, ongoing rescue efforts, and progress in recovery and reconstruction.
"So it's really impressive how fast China act, and how fast the state came to rescue their people, to bring support, economic support. So, I think it's emotional to see how everything changed so fast. I see this 11 days ago, this area was very destructed and we can see that the roads have been opened. And the people are coming and even the journalists now can come to show to the world what's happening here," said Bruno Falchi, a journalist with Venezuela-based teleSUR.
Others expressed shock at the scale of destruction and said the disaster underscored the need for global cooperation on climate change.
"Climate change is not a problem for one country, it's for the whole world. And I think to fight this, to meet this challenge, you need collective efforts. Only one country cannot do miracles. So this is, I think, collective responsibility of the entire world. So, they get together, and they put their head together and think how to reduce this frequency. So, I think this climate change is a big issue for the whole world. And the whole world should have collective efforts how to reduce all this," said Muhammad Asghar, a correspondent for the Associated Press of Pakistan in China.
Foreign journalists visit Gyirong Port, note recovery efforts after deadly mudslide
