Vienna, Sept. 7 -- Seven OPEC+ countries - Saudi Arabia, Russia, Iraq, Kuwait, Kazakhstan, Algeria and Oman - have agreed to keep their required oil production levels for October 2026 unchanged from September, reaffirming their commitment to market stability and compliance with the group's production agreement amid rising uncertainty over global oil markets due to ongoing conflicts in West Asia.

The decision was taken during a virtual meeting on Sunday, where the seven countries reviewed global oil market conditions and the outlook, according to a statement issued by OPEC.

"The seven OPEC+ countries, which previously announced additional voluntary adjustments in April and November 2023, namely Saudi Arabia, Russia, Iraq, Kuwait, Kazakhs...