Commodities
Oil Steadies With OPEC+ Considering Delay of April Output Hikes
- Producer group could delay plan to add supplies to the market
- Exports from Kurdistan region may resume within a week
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Oil held near $75 a barrel in a volatile session as OPEC+ considers pushing back a series of monthly supply increases that were due to start in April.
Brent futures fluctuated between small gains and losses in intraday trading. Global oil markets remain too fragile for OPEC+ to revive production now, said a group delegate, who asked not to be identified because the talks are private. A decision is yet to be made, and the group is split on how to proceed, another delegate said.