OPEC+ output increase reduces Iranian oil market share by 15%

Market overview

OPEC+'s planned 188,000 barrels per day output hike in August 2026 will flood the market, forcing Iran to accept deeper discounts to offload inventories. Market share losses will be compounded by China's reduced appetite for Iranian oil.

price prediction market

Implied probability (Yes)

70%

Closes

2026-09-30

More price markets

• Samsung Electronics market cap to exceed $1.2T by Q3 2026 — 78% Yes
• Cisco stock to rise above $65 by Q3 2026 — 72% Yes
• Private jet charter prices increase 20% in 2027 — 75% Yes
• Google Messages sees 30% user growth in 6 months post-launch — 70% Yes
• US AI chip ETF doubles in value by 2026-09-30 — 65% Yes
• X’s stock price rises 10% within 3 months of History tab launch — 55% Yes
• TSK enters top 5 Spanish engineering firms by market cap — 60% Yes
• Ford stock volatility exceeds 60% annualized within 6 months — 75% Yes

Browse all price markets →