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OPEC+ said to weigh delaying April oil production hike

Feb. 17, 2025 6:49 AM ETUnited States Oil Fund, LP ETF (USO), BNO, UCODBO, USL, SCO, GUSH, DRIP, USOIBy: Jessica Kuruthukulangara, SA News Editor
Petroleum, petrodollar and crude oil concept : Oil pump jack and flag of OPEC or Organization of Oil Exporting Countries, depicts the investment in the development or production of global oil industry

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OPEC+ is weighing yet another delay to its plan to unwind voluntary production cuts and resume monthly supply hikes from April, despite President Donald Trump’s calls for the group to lower prices, Bloomberg reported citing unnamed delegates.

If it decides to

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