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OPEC+ Oil Production Falls by 439,9000 Bpd
Market Intelligence Analysis
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Why This Matters
OPEC+ oil production fell by 439,000 barrels per day in January 2026 due to supply disruptions in Kazakhstan, Iran, and Venezuela, leading to a total average production of 42.45 million barrels per day.
Market Impact
Market impact analysis based on bearish sentiment with 85% confidence.
Sentiment
Bearish
AI Confidence
85%
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.
Crude oil production from the OPEC+ alliance slumped by as much as 439,000 barrels per day in January compared to December as a major supply disruption in Kazakhstan added to lower output from Iran and Venezuela, OPEC data showed in its Monthly Oil Market Report (MOMR). Total OPEC+ crude oil production averaged 42.45 million barrels per day (bpd) in January 2026, down by 439,000 bpd versus December, as Kazakhstan’s output plummeted by 249,000 bpd, according to the OPEC estimates based on secondary sources. Kazakhstan’s…
Original article published by
OilPrice.com
on February 12, 2026.
Analysis and insights provided by AnalystMarkets AI.
Analysis and insights provided by AnalystMarkets AI.