OPEC+ Set to Maintain Oil Output Despite Oversupply Fears

Market Intelligence Analysis

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Why This Matters

OPEC+ is likely to maintain oil production levels in March, despite concerns of oversupply, due to a lack of urgency to change policy. This decision may be influenced by geopolitical developments in Iran and Venezuela. The group's stance could impact oil prices and market sentiment.

Market Impact

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

Sentiment
Neutral
AI Confidence
80%
Time Horizon
Short Term

Article Context

Note: This is a brief excerpt for context. Click below to read the full article on the original source.

OPEC+ is expected to hold oil production flat in March and reiterate the first-quarter pause in supply hikes when the group meets on February 1 to discuss output levels, four delegates from the alliance told Bloomberg on Monday. The group has not yet held discussions ahead of next Sunday’s online meeting, but it does not see any need of changing the policy despite the expected oversupply and the geopolitical developments that could influence supply from OPEC members Iran and Venezuela. Early this month, the eight OPEC+ members…

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Original article published by OilPrice.com on January 26, 2026.
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