Delegates: OPEC+ Set to Hold Output Steady Despite Political Turmoil

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OPEC+ is likely to maintain its current oil production levels through the first quarter of 2026, despite rising geopolitical tensions, as key members reaffirm their decision to keep output steady.

Market Impact

Market impact analysis based on neutral sentiment with 80% confidence.

Sentiment
Neutral
AI Confidence
80%
Time Horizon
Short Term

Article Context

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OPEC+ is expected to reaffirm its decision to keep oil production steady through the first quarter of 2026 when key members meet on Sunday, despite rising geopolitical tensions and fresh uncertainty surrounding Venezuela, according to multiple delegates and industry sources. The eight OPEC+ countries currently implementing voluntary production curbs — Saudi Arabia, Russia, the UAE, Iraq, Kuwait, Kazakhstan, Algeria, and Oman — agreed in November to pause planned output increases for January through March, citing seasonal demand weakness.…

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Original article published by OilPrice.com on January 4, 2026.
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