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Opec+ plans symbolic oil quota hike amid war, delegates say

Press Room by Press Room
April 5, 2026
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Key members have an agreement in principle to increase production targets by about 206,000 barrels per day

Published Sun, Apr 5, 2026 · 05:23 PM

[LONDON] Opec+ members plan to raise their production quotas for May, in a symbolic move as the Middle East conflict constrains production and shipments from several of the alliance’s largest members.

Key members of the group led by Saudi Arabia and Russia have an agreement in principle to increase production targets by about 206,000 barrels per day ahead of a video conference later on Sunday (Apr…

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