An OPEC+ oil output increase larger than initially planned may be on the table at Sunday’s meeting, according to sources familiar with the talks. The move comes as Saudi Arabia and the United Arab Emirates raise exports amid concerns over potential supply disruptions.
The group, which includes members of the Organisation of the Petroleum Exporting Countries and key allies, is scheduled to meet to discuss production levels.
Earlier expectations suggested a modest output rise of 137,000 barrels per day for April. However, two sources indicated that an increase of 411,000 barrels per day is now under consideration. One source added that the boost could reach 548,000 barrels per day.
The eight participating members include Saudi Arabia, Russia, the UAE, Kazakhstan, Kuwait, Iraq, Algeria and Oman.
Read: Oil Prices US Iran Talks Keep Markets Steady Ahead of Geneva Meeting
Oil prices have climbed this year amid fears that a conflict between Iran and the United States could disrupt supply routes through the Strait of Hormuz. Brent crude recently reached $73 per barrel, its highest level since July.
Evidence suggests major Gulf producers have already increased exports. The Abu Dhabi National Oil Company is set to export more Murban crude in April, according to trade sources.
Meanwhile, Saudi Arabia has reportedly raised production and exports as part of a contingency plan.
Previously, OPEC+ members increased production quotas by about 2.9 million barrels per day between April and December 2025. The group then paused further hikes from January to March 2026 due to seasonal weakness in demand.
An April decision would mark the end of that three-month pause and signal the group’s response to rising geopolitical risks.
