OPEC Output Fell Last Month on Venezuela Turmoil, Survey Shows

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Why This Matters

OPEC's crude output decreased in the last month due to Venezuela's export disruption and other members' production freeze, according to a Bloomberg survey.

Market Impact

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

Sentiment
Bearish
AI Confidence
80%
Time Horizon
Short Term

Article Context

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OPEC’s crude output declined last month as turmoil curbed Venezuela’s exports while other members began a three-month production freeze, a Bloomberg survey showed.

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Original article published by Bloomberg on February 4, 2026.
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