OPEC+ is boosting output in April. Here’s what that could mean for oil prices.
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Mar 30 2025
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Should l Buy ?
Source: MarketWatch
OPEC+ Production Cuts: OPEC+ is gradually unwinding its voluntary production cuts starting April 1, but global supply threats have helped oil prices recover losses from March.
Market Influences: Tighter U.S. sanctions on Iran and Russia, potential sanctions on Venezuelan oil buyers, and concerns over a recession are supporting oil prices, keeping them stable by the end of the month.
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
