OPEC+ Expected to Extend Pause on Oil Hikes as Prices Stay Weak ...Middle East

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OPEC+ Expected to Extend Pause on Oil Hikes as Prices Stay Weak
source : OILPRICE ( Middle East ) () 43
OPEC+ members are expected to stick with their decision to pause oil production increases when the group meets online this Sunday, signaling a cautious approach amid growing signs of oversupply and persistent weakness in prices. Delegates told reporters the meeting is likely to be “straightforward,” with ministers simply reaffirming the policy agreed earlier this month to suspend output hikes during the first quarter of 2026. The pause, driven largely by Saudi Arabia and its partners, reflects concern that global inventories are rising…

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