OPEC+ To Consider Oil Output Hike By 137,000 bpd For April ...Middle East

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OPEC+ To Consider Oil Output Hike By 137,000 bpd For April
source : OILPRICE ( Middle East ) () 85
OPEC+ is likely to consider increasing oil output by 137,000 barrels per day (bpd) for April 2026, ending a three-month pause in hikes as they prepare for peak summer demand and navigate market share strategies, Bloomberg reported on Wednesday ahead of a scheduled cartel meeting on March 1.   The group had previously implemented 137,000 bpd hikes in late 2025 before pausing increases for the first quarter of 2026 in a bid to avoid creating a supply surplus. Unwinding previous output cuts will allow key members such as Saudi Arabia and…

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