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According to Sinochem New Network, on November 30, OPEC and the group of oil-producing countries decided at their meeting to maintain the current oil production policies in place until the first quarter of 2026. This decision, which met market expectations, led to a slight rise in international oil prices; Brent crude rose by 1.22% to $63.14 per barrel, while WTI crude increased by 1.25% to $59.28 per barrel. The most important outcome of this meeting was the official adoption of a historic capacity assessment mechanism. Under this mechanism, OPEC+ will conduct a comprehensive assessment of the maximum sustainable production capacity of its 19 member countries from January to September 2026, with the results serving as a basis for setting production quotas for 2027. This decision resolves long-standing disputes within the alliance, particularly addressing the concerns of member states such as the UAE, which feel that their increased production capacity is not adequately reflected in the current quotas. In a statement after the meeting, the Saudi Energy Minister emphasized that improving transparency is his top priority, and it is crucial to let the world know the true capacity levels. He pointed out that maintaining transparency helps all parties to objectively assess the market situation, which is beneficial for all participants. Although OPEC+ has gradually restored supply levels by about 2.9 million barrels per day since April 2025, the alliance continues to maintain a production cut of 3.24 million barrels per day, including 1.24 million barrels per day in the form of \"voluntary cuts\" and 2 million barrels per day as part of the baseline cuts in place since 2022. In the face of repeated warnings from analysts about the risk of \"overproduction,\" OPEC+ chose to keep its production policy unchanged, demonstrating its cautious approach to market stability. The establishment of this capacity assessment mechanism will lay the foundation for OPEC+’s internal political landscape over the coming year. The member states are about to engage in key negotiations regarding the production baseline for 2027. Analysts believe that the dual decision to maintain the current production policy and establish a future quota framework reflects OPEC+’s determination to stabilize the oil market. The new capacity assessment mechanism not only provides an objective basis for future quota negotiations but also helps strengthen the internal cohesion of the alliance, laying a solid foundation for addressing future market challenges.