Oil prices unexpectedly score first monthly gain in half a year. So what’s the next move for OPEC+?

Market Intelligence Analysis

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Why This Matters

Oil prices have unexpectedly risen for the first time in six months, and OPEC+ will consider this trend along with supply uncertainty and a potential surplus when deciding production targets.

Market Impact

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

Sentiment
Bullish
AI Confidence
80%
Time Horizon
Short Term

Article Context

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The group of major oil producers known as OPEC+ will have to take oil flow uncertainty and an expected global supply surplus into account when they meet this weekend to discuss production targets.

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Original article published by MarketWatch on January 31, 2026.
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