OPEC expected to keep crude production quotas steady for next month

Key OPEC members are likely to hold crude production quotas steady for November when they meet this weekend, according to two delegates.

Nations led by Saudi Arabia and Russia will probably ratify their existing roadmap to keep targets unchanged during a video conference on Sunday.

Many OPEC countries would struggle to return to earlier output levels due to capacity deterioration caused by under-investment, sanctions, and other outages.