OPEC + considers increasing daily output by about 400,000 barrels in June

OPEC + leading members are discussing another increase in output by about 400,000 barrels per day in June ahead of a video conference to set policy on Saturday, delegates said. Last month, the oil group led by Saudi Arabia and Russia raised output by 411,000 barrels per day, triple the original plan, a move that shocked oil traders in an apparent effort to rein in its overproducing members. Delegates said they were considering doing the same again next month.