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Exclusive: OPEC+ leans towards resumption in oil output increases from April, sources say
Reuters· 2026-02-13 11:49
Core Viewpoint - OPEC+ is considering a resumption of oil output increases starting in April to meet peak summer demand and support prices amid geopolitical tensions [1] Group 1: OPEC+ Strategy - OPEC+ is preparing to increase oil production in response to anticipated high demand during the summer months [1] - The decision is influenced by current price strength, which is being supported by tensions related to U.S.-Iran relations [1]