OPEC+ has decided to delay the increase in oil supply until April, which is expected to result in a decrease in global oil output next year and tighten market balances.

However, despite this decision, banks and industry consultants predict a significant oil surplus. Major financial institutions, such as Morgan Stanley, have slightly adjusted their price forecasts upward after the announcement, which was in line with market expectations before the meeting.

Concerns remain about increased supply from non-OPEC+ countries in the Americas and weak demand from China, which could impact the overall market dynamics.