![[DEMO] OPEC+ Extends Voluntary Cuts; Brent Eyes $85 Resistance](/storage/10/conversions/futures-web.jpg)
Key Takeaways
- Eight-member group keeps 2.
- 2M bpd cuts through Q1.
- Saudi-led discipline reinforces $80+ floor.
OPEC+'s voluntary-cut group (Saudi Arabia, Russia, Iraq, UAE, Kuwait, Kazakhstan, Algeria, Oman) confirmed cuts of 2.2 million bpd will extend through Q1 2026.
The extension was largely priced in, but Brent's reaction (+1.4% to $83.20) suggests the market is now leaning long. $85 is the key swing-high resistance; a break opens $90.
Geopolitical premium remains: any Iran-Israel escalation could be the marginal catalyst for a breakout.
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