OPEC Keeps Gradual Production Hike Plans Despite Trump’s Call to Lower Oil Prices Faster

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By Tom Ozimek The Organization of the Petroleum Exporting Countries and its allies (OPEC+) on Monday reaffirmed its earlier plan to gradually ease production cuts beginning in April 2025, despite pressure from President Donald Trump for bolder action that would lower oil prices. The decision, made during the 58th Joint Ministerial Monitoring Committee (JMMC) meeting […]