OPEC+ members consider increasing oil production from April to meet summer demand
The group aims to meet peak summer demand while Saudi Arabia and the UAE look to regain market share. A final decision is expected at the March 1 meeting.
OPEC+ is leaning towards resuming increases to oil output starting in April as the group prepares for peak summer demand. The planned resumption, which remains under discussion, is intended to allow Saudi Arabia 
SA and the United Arab Emirates 
AE to regain market share. This potential shift in production strategy comes as global oil prices are bolstered by ongoing tensions between the United States 
US and Iran 
IR, as well as output constraints among several members of the producer group.
SA and the United Arab Emirates AE to regain market share. This potential shift in production strategy comes as global oil prices are bolstered by ongoing tensions between the United States US and Iran IR, as well as output constraints among several members of the producer group.
