OPEC and other oil producers, a group known as OPEC+, are considering rolling over production cuts into April instead of raising output as a recovery in oil demand remains fragile due to the coronavirus crisis, three OPEC+ sources told Reuters.
OPEC+ ministers hold a full meeting on Thursday.
The market has been expecting OPEC+ to ease production cuts by around 500,000 barrels per day (bpd) from April.
OPEC leader Saudi Arabia has also been expected to end its voluntary production cut of an additional 1 million bpd.
But three OPEC+ sources said on Wednesday some key OPEC members had suggested