OPEC Data Indicate Small Q2 Surplus Ahead of Key OPEC+ Decision on Resuming Oil Output Hikes

By Alex Lawler OPEC sees 400,000 bpd drop in demand for OPEC+ oil in Q2 vs Q1 OPEC+ is pausing production hikes in first-quarter 2026 OPEC+ eight members meet on March 1, expected to decide on resuming hikes For 2026, OPEC data indicates supply deficit, in contrast to IEA’s glut LONDON, Feb 11 (Reuters) – … Read more