OPEC+ maintains output, global oil prices under pressure and volatile in short term
On July 26, 2026, the OPEC+ meeting decided to keep current output quotas unchanged, with Brent crude hovering around $78 and WTI at $74. Analysts said slowing demand growth and geopolitical risks are pulling in opposite directions, so oil prices may remain range-bound.
On July 26, 2026, the OPEC+ meeting decided to keep current output quotas unchanged, with Brent crude hovering around $78 and WTI at $74. Analysts said slowing demand growth and geopolitical risks are pulling in opposite directions, so oil prices may remain range-bound.
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