OPEC+ Holds Output Steady as Geopolitics Eclipse Market Fundamentals and Oil Prices Sink

Tekedia | 06-01-2026 04:32am |

OPEC+ opted for caution on Sunday, keeping its oil output policy unchanged after a short, tightly focused meeting that deliberately avoided the mounting political crises involving several of its members. The decision points to how the alliance is navigating one of its most complex operating environments in years, with geopolitics increasingly overshadowing traditional supply-and-demand calculations.

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