Vandana Hari of Vanda Insights suggests OPEC+ will likely proceed with easing production cuts. This decision stems from internal group dynamics rather than market pressures. Eight member nations will likely prioritize unity. The Iran-Israel conflict is not expected to significantly alter OPEC+’s plans. Focus remains on internal stability. The group’s next decision on unwinding cuts will consider the settled conflict.
Originally published by The Economic Times https://economictimes.indiatimes.com/markets