Commodities

OPEC+ Delegates Expect Group to Resume Modest Supply Hikes

A pumpjack operated by Diamondback Energy Inc. in Texas.Photographer: Callaghan O'Hare/Bloomberg

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By Salma El Wardany, Grant Smith, and Ben Bartenstein

February 25, 2026 at 12:24 PM UTC

Updated on

February 25, 2026 at 12:40 PM UTC

Some OPEC+ delegates said they expect the group will agree to resume modest production increases when it meets this weekend to review policy for April.

The group led by Saudi Arabia and Russia hasn’t yet settled a course of action ahead of its video conference on Sunday, according to delegates, who asked not to be identified as the talks are private.