OPEC data indicate small Q2 surplus ahead of key OPEC+ decision on resuming oil output hikes
February 11, 2026
(Investing) – LONDON – OPEC on Wednesday forecast world oil demand from the OPEC+ group will drop by 400,000 barrels per day in the second quarter, and published data indicating a small surplus in that quarter ahead of a key decision on whether to resume output increases. World demand for OPEC+ crude will average 42.20 million bpd in the second
