OPEC+ Rethinking Oil Production Rampup After Trump Complications

OPEC+ is still weighing its Q2 oil production plans, according to eight OPEC+ sources who spoke to Reuters this week—with Trump-incited complications creating an uncertain future for oil market balance. What’s at stake is OPEC+’s plans to lift oil production beginning in April 2025—something the group normally has to have decided a month prior. Their decision to keep current production quotas steady or to increase as planned will have a profound effect on global oil markets—and not all OPEC+ members are headed into…Weiter zum vollständigen Artikel bei OilPrice.com Weiter zum vollständigen Artikel bei OilPrice.com