OPEC+ is likely to maintain its supply pause in March, Bloomberg reports citing delegates; adds that there is no need to respond to the events in Venezuela and Iran but a significant supply disruption would warrant a boost in output

The report suggests that OPEC+ is inclined to keep its current supply strategy unchanged through March, indicating a commitment to stabilizing prices.

Newsquawk StaffPublished 26 Jan 2026, 08:53 UTCOn the live feed at 08:33 UTC — 4 more headlines followed before this page went public

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OPEC+ is likely to maintain its supply pause in March, Bloomberg reports citing delegates; adds that there is no need to respond to the events in Venezuela and Iran but a significant supply disruption would warrant a boost in output

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Context

While geopolitical tensions in Venezuela and Iran are acknowledged, the group stresses that only a significant disruption would prompt an increase in output. This signals that unless conditions worsen dramatically, we can expect OPEC+ to maintain a supportive stance for oil prices in the near term.

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