OPEC+ to consider 137,000 bpd oil increase
OPEC+ to consider 137,000 bpd oil increase is drawing significant interest across the industry.
OPEC+ will likely consider raising its oil output by 137,000 barrels per day for April to end a three-month pause in production increases, three sources with knowledge of OPEC+ thinking said, as the group prepares for peak summer demand and tensions between the U.S. and OPEC member Iran boost prices.
Experts suggest this could influence future trends and innovation in the sector.
More updates are expected as the story develops.
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