Subscribe to Newsletter to get latest insights & analysis in your inbox. Download the ETEnergyworld App and get the Realtime updates and Save your favourite articles. "If the price really has a substantial fall, I would imagine you will see some cuts (from OPEC+)," said Martijn Rats, Morgan Stanley's global oil strategist. "But it probably does need to fall quite a bit further from here on - maybe in the low $50s. ""If today's price simply prevails, after the pause in Q1, they'll probably continue to unwind these cuts."

Source: Economic Times December 31, 2025 13:45 UTC