What did OPEC+ decide?

According to anonymous sources, the decision was made amid increasing US pressure on India to stop purchasing Russian oil.

If approved, the move would mean the complete end of the longest-running oil production cuts. OPEC+, which produces about half of the world's oil, has been cutting output for several years to support oil prices.

It is no secret that in 2025 it changed course, intending to regain market share, partly influenced by US leader Donald Trump's calls for OPEC to increase production.

Experts say if the group does approve an increase of 548,000 barrels per day next month, it would completely reverse the previous production cut of 2.2 million barrels per day, allowing the United Arab Emirates (UAE) to increase production by 300,000 barrels per day.

The group does not plan to discuss other tranches of cuts on Sunday, the statement said.