OPEC+ likely to pause output hikes after next meeting, says Goldman Sachs
Oil & Gas 360º
JULY 11, 2025
Our base case remains that they will be done raising production once the 2.2 million bpd of supply that they’d voluntarily held back, with about 550,000 more to go for the first tranche to be complete. The organization and its allies have been voluntarily holding back a second, smaller tranche of supply, propping up oil prices.
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