Reported 3 days ago
OPEC+ producers, led by Russian Deputy Prime Minister Alexander Novak, are not considering postponing scheduled monthly oil supply increases set to begin in April. Despite speculation about delays due to external pressures, including calls from U.S. President Trump to lower oil prices, discussions on such a delay have not occurred. Analysts suggest that the market may absorb the additional supply, which is part of a broader strategy to unwind previous output cuts initiated in 2022.
Source: YAHOO