OPEC and its allies agreeing to a modest output hike may do little to soothe Asian buyers struggling with high oil prices, as concerns loom about the group’s production target being curtailed by capacity constraints, analysts told S&P Global Platts. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now Asian refiners have continued to call for OPEC+ to raise supply by at least 800,000 b/d. The group’s decision to increase output by 400,000 b/d for March may not ease tight supplies and cool overheated prices in the region, according to a S&P Global Platts survey of analysts. Higher oil prices and tight supplies could hit consumption at top consumers China and India, where oil demand recovery has shown resilience following a lengthy period of uneven growth, analysts said. “Asian consumers would welcome OPEC+ decision to continue to raise production, especially now with oil prices […]