OPEC+ is reportedly considering delaying its planned monthly supply increases set to start in April, despite pressure from U.S.
OPEC+ is weighing a potential delay in its planned production increases, as some delegates argue the global oil market is still too fragile, said a delegate, who requested anonymity.
The group remains divided on the issue, with no final decision made yet.
Delaying the 120,000-barrel-per-day increase would be the fourth time the Saudi Arabia- and Russia-led alliance has postponed plans to restore production cuts implemented since 2022.