OPEC output dropped in the month of Dec, 2025
The Orgnaisation of The Petroleum Exporting Countries produced about 28.4 Mbpd, which is 100,000 barrels less than that produced in Nov, 2025. This drop is mainly because of Iran and Venezuela pumped less oil in the month. U.S sanctions on Iran and US blockade on Venezuela are the factors that curtailed supplies from both the countries. Although some OPEC+ members were expected to increase production, the actual increase was much lower that could not offset the deficit from these two countries. OPEC+ slowed pace of supply cuts amid glut. Many members are running close to capacity limits and some are tasked with extra cuts to compensate for earlier overproduction, Limiting the impact of further increases. The reduction in supplies always a bullish fundamental factor subject demand outlook.
