Further Delays to OPEC+ Output Plan Will Be Crucial to Avoid Oversupply
OPEC+ would have to further delay its planned output hike to curb the anticipated global supply surplus next year, BMI said, adding that their data currently show a surplus of around 720,000 barrels a day for 2025.
OPEC+ would have to further delay its planned output hike to curb the anticipated global supply surplus next year, BMI said, adding that their data currently show a surplus of around 720,000 barrels a day for 2025.
