欧佩克认为竞争对手供应增长放缓，维持需求前景稳定

Core Viewpoint - OPEC has lowered its supply growth expectations for the US and other competitors for next year while maintaining its demand outlook for oil unchanged [1] Group 1: Supply Expectations - OPEC expects the supply from non-OPEC+ oil-producing countries to decrease from 800,000 barrels per day to 730,000 barrels per day by 2026 [1] - US oil production is projected to increase by 210,000 barrels per day, down from a previous estimate of 280,000 barrels per day, reflecting a decline in capital expenditures and drilling activities [1] Group 2: Market Concerns - The market's primary concern is the potential closure of the Strait of Hormuz by Iran, a critical shipping chokepoint through which about one-third of the world's oil passes [1] - Analysts suggest that any supply disruption could prompt OPEC+ to adjust its strategy to restore supply more quickly than anticipated [1] Group 3: OPEC's Current Position - OPEC appears to be in a wait-and-see mode and has not planned any special policy meetings despite having over 5 million barrels per day of idle production capacity [1]