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OPEC+ considers delay to April oil supply increases

Published February 17, 2025 Updated February 17, 2025 04:17pm
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By Reuters
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Oil producer group OPEC+ is considering pushing back a series of monthly supply increases due to begin in April despite calls from U.S. President Donald Trump to lower prices, Bloomberg News reported on Monday citing delegates.

OPEC sticks to 2025, 2026 global oil demand growth forecasts

Global oil markets remain too fragile to revive production now, the report cited one delegate as saying, adding that another said no decision has yet been made and the group is split on how to proceed.

OPEC+ OPEC oil producer

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