Goldman Sachs: OPEC+ may delay gradual output hike to July

19/02/2025 Argaam
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Logo of OPEC 

Goldman Sachs expects OPEC+, which includes Russia, to postpone its planned gradual production increase to July instead of April.

 

The US bank said a potential peace deal between Russia and Ukraine and any easing of sanctions on Russia were unlikely to lead to higher Russian oil flows.

 

At its meeting earlier this month, the group had agreed to stick to its plan of increasing output from April.

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