OPEC+ Considers April Output Hike After Its Winter Pause

Ahead of the monthly meeting on March 1, the OPEC+ alliance is leaning toward resuming production increases from April following a pause in the first quarter, Reuters reported on Friday, quoting sources within the group. Early this month, the eight OPEC+ members that have been implementing cuts since 2023 – Saudi Arabia, Russia, Iraq, UAE, Kuwait, Kazakhstan, Algeria, and Oman – reaffirmed the decision to pause monthly increments during the first quarter of the year. The decision was first taken in November 2025 and was confirmed…