2026
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OPEC+ producers reaffirm commitment to market stability, maintain voluntary output curbs
SHANA (Tehran) – The eight OPEC+ countries, which previously announced additional voluntary adjustments in April and November 2023, namely Saudi Arabia, Russia, Iraq, the UAE, Kuwait, Kazakhstan, Algeria, and Oman met virtually on January 4, 2026, to review global market conditions and outlook.
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Oil market more resilient than before; no sharp price surge expected in 2026
SHANA (Tehran) – An energy analyst says global oil prices are unlikely to rise sharply in 2026, citing greater market resilience and the absence of major geopolitical or economic shocks.