18 Mar 2025 20:35:19 GMT OPEC+ to increase oil output by 138K bpd in April, marking the first hike since 2022, raising concerns over market oversupply. U.S. tariffs on Canada, Mexico, and China ...

The group will increase production by 138,000 bpd, its first hike since 2022, while retaining flexibility to pause or reverse the move based on market conditions.

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, according to Reuters ...

LONDON (Reuters) -OPEC+ has decided to proceed with a planned April oil output increase ... to begin raising output to April. The extension was the latest of several delays last year.

Oil futures ended lower Monday after the major producers known as OPEC+ said they will boost output starting in April, and as President Donald Trump’s planned tariffs on imports from Canada and ...

This was after the OPEC+ committee revealed earlier this week that it would raise its oil output in April this year. On Monday, OPEC+ said it would ramp up oil production to 2.2mn barrels a day ...

OPEC+ delays oil output hike until April, extends cuts into 2026 OPEC+ on Thursday pushed back the start of oil output rises by three months until April and extended the full unwinding of cuts by ...

Photo: Reuters LONDON -- OPEC+ has decided to proceed with a planned April oil output increase ... pushing back the plan to begin raising output to April. The extension was the latest of several ...