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OPEC+ will start long-delayed oil production hike

OPEC+ has agreed to increase oil production by 138,000 barrels per day starting in April, marking the first rise since 2022, according to OPEC's announcement.
The increase follows pressure from U.S. President Donald Trump to lower oil prices, which previously rose above $82 a barrel in January after sanctions on Russia.
OPEC+ sources stated that the decision was complex due to various market factors and emphasized that adjustments will be made as needed to support stability.

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La Presse

Lean Left

OPEC+ prepares to increase production, pushing oil prices down

By maintaining its schedule of gradual increase in production from April onwards, the Organization of Exporting Countries and its Allies (OPEC+) changed its strategy and caused oil prices to plunge, a few weeks after Donald Trump's pressure to bring down prices.

1 month ago·Montreal, Canada

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La Libre

Center

Opep+ oil cartel lowers black gold prices

Eight oil cartel countries announced that they would increase their oil production, despite weak global demand.

1 month ago·Brussels, Belgium

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Semafor

Lean Left

Analysis: OPEC+ stays the course, defying market expectations

The oil producer alliance proceeds with a gradual output boost, signaling confidence in oil demand growth.

1 month ago·New York, United States

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Gulf News

Lean Right

OPEC+ decides to hike oil production for the first time in 2 years

OPEC+ decision to hike production takes markets by surprise

1 month ago·Dubai, United Arab Emirates

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Reuters

+4 Reposted by 4 other sources

Center

OPEC+ to proceed with planned April oil output hike

OPEC+ has decided to proceed with a planned April oil output increase, the group said on Monday, a move that follows U.S. President Donald Trump renewing pressure on OPEC and Saudi Arabia to bring down prices.

1 month ago·United Kingdom

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Oil Price

Lean Right

OPEC+ Blinks: First Output Hike Since 2022 Shakes Markets

OPEC+ has finally decided to go through with its long-delayed oil production increase, adding about 138,000 barrels per day to its production plans beginning in April

1 month ago·London, United Kingdom

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