The Zhitong Finance App learned that the monthly report released by the Organization of Petroleum Exporting Countries OPEC (OPEC) on Thursday showed that the broader “OPEC+ Organization of OPEC” slightly increased crude oil production in November. Eight OPEC+ member countries promoted a new round of production increase plans, while the organization maintained its forecast that crude oil demand will maintain a relatively strong growth rate next year. In contrast, Wall Street is generally pessimistic about the outlook for global crude oil demand in 2026, and it is expected that there will be a significant continuous oversupply of crude oil throughout the year.

The Zhitong Finance App learned that the monthly report released by the Organization of Petroleum Exporting Countries OPEC (OPEC) on Thursday showed that the broader “OPEC+ Organization of OPEC” slightly increased crude oil production in November. Eight OPEC+ member countries promoted a new round of production increase plans, while the organization maintained its forecast that crude oil demand will maintain a relatively strong growth rate next year. In contrast, Wall Street is generally pessimistic about the outlook for global crude oil demand in 2026, and it is expected that there will be a significant continuous oversupply of crude oil throughout the year.