OPEC+ Has Scope to Lift Output in 2Q -- Market Talk

Dow Jones
Yesterday

1354 GMT - OPEC+ producers might have room to raise output in the second quarter, says Carsten Fritsch from Commerzbank. Oil demand is set to strengthen and the market appears to be less oversupplied than previously anticipated, partly due to unplanned outages and sanctions-related disruptions, according to the analyst. Meanwhile, despite the recent pullback, crude prices remain roughly 10% higher than at the beginning of the year, supporting the case for a gradual resumption of production increases. However, even if production targets are raised from April onward, actual output is likely to fall short of the agreed increases, limiting the pace of supply growth. (giulia.petroni@wsj.com)

 

(END) Dow Jones Newswires

February 17, 2026 08:54 ET (13:54 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10