OPEC+ May Delay April Oil Supply Hikes Amid Market Fragility

The Organization of the Petroleum Exporting Countries (OPEC+) is considering postponing its scheduled supply increases in April due to concerns over the fragility of global oil markets, according to delegates at the talks. Despite pressure from US President Donald Trump to lower prices, no decision has been made yet and the group remains divided on how to proceed. It is unclear when a final decision will be reached, but sources suggest it could happen in the coming weeks.

Source: https://www.bloomberg.com/news/articles/2025-02-17/opec-considers-delay-of-april-oil-supply-restart-delegates-say