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OPEC+ holds output steady into Q1 2026 after modest December increase
OPEC+ approved a small December output rise but paused further increases into Q1 2026, stabilising prices while traders watch inventories and demand.
OPEC+ agreed to a modest increase of around 137,000 barrels per day for December 2025 and signalled a pause on further output hikes through the first quarter of 2026. The decision was framed as a cautious response to mixed demand signals and inventory dynamics across OECD countries. Traders said the limited December addition and the pause helped steady oil prices in the short term while shifting focus to U.S. inventory data and global manufacturing demand. Market participants will watch supply disruptions and Asian consumption for the next directional cues.