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Further Delays to OPEC+ Output Plan Will Be Crucial to Avoid Oversupply

Sunday, May 11th, 2025

 OPEC+ would have to further delay its planned output hike to curb the anticipated global supply surplus next year, BMI said, adding that their data currently show a surplus of around 720,000 barrels a day for 2025. OPEC+ would have to further delay its planned output hike to curb the anticipated global supply surplus next year, BMI said, adding that their data currently show a surplus of around 720,000 barrels a day for 2025.

​WSJ.com: Markets

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