OPEC+ decided to add 400,000 bpd to its production quota for March. A growing number of oil analysts think that OPEC+ may struggle to deliver on its output promises. Saudi Arabia does not appear inclined to boost production by any more barrels than it is already pumping. OPEC+ broke a record this week. On Wednesday, the oil cartel booked the fastest meeting since its creation, at a total of 16 minutes. This was enough for member countries to agree to keep their current arrangement of adding 400,000 bpd to their combined oil production every month. The outcome of the meeting surprised no one, unlike previous OPEC meetings when there was tense anticipation until the very end. This is no longer the case. This is mostly because of the last few monthly production reports of OPEC and its partners. According to them, most members of OPEC+ cannot produce as much […]