Reuters reports, citing a source familiar with the Russian camp
The report says that Russia would support a broadly stable output by OPEC+ in May, while seeking a small hike in output for itself ahead of this week’s meeting.
This is a somewhat similar scenario/demand to the last meeting between OPEC+ members.
The meeting this week will take place on 1 April. Even though Russia is pushing to gradually increase production, the key aspect to watch this week will be whether or not Saudi Arabia sticks to its voluntary 1 million bpd cut as they did earlier this month.