OPEC+ alliance meets April 1 to decide May production levels Oil inventories remain above targeted 2015-2019 average Many members favor quota rollover, but length still undecided The outlook for the oil market remains hazy, OPEC Secretary General Mohammed Barkindo said March 31, complicating efforts by the bloc and its allies to manage supply. Receive daily email alerts, subscriber notes & personalize your experience. Register Now The OPEC+ coalition will meet April 1 to set production levels for May and perhaps beyond, and a raft of bearish indicators in the market has many members favoring a rollover of current quotas, instead of increasing output. But the length of any extension has yet to be negotiated, and Russia is expected to ask for another slight increase in its quota to accommodate higher domestic fuel demand. Saudi Arabia must also decide whether to taper its additional voluntary 1 million b/d production […]