OPEC+ considers delay of April oil supply increases: Report

17/02/2025 Argaam
Logo of OPEC

Logo of OPEC


OPEC+ is studying a delay of a series of monthly supply increases due to begin in April, Bloomberg reported, citing delegates.

 

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

 

Earlier this month, OPEC+ agreed on a gradual increase in production starting April.

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