Cater Macro: OPEC+ strategy shift could put pressure on oil prices until the end of 2026.

Capital Economics stated that the more aggressive policy shift by OPEC+ is expected to put pressure on prices in the next two years. Economist Hamad Hussain said, "OPEC+ has abandoned its 18-month plan and instead will announce production quotas monthly, adding more uncertainty to the oil market outlook and making multiple outcomes possible." "In any case, OPEC+ shifting its focus to regain market share is only a matter of time, and we believe this shift will be lasting." Capital Economics currently predicts that by the end of 2025, the price of Brent crude oil will be $60 per barrel, and by the end of 2026, it will be $50 per barrel.