OPEC oil output fell in January for a second month, a Reuters survey found, as a drop in exports from Nigeria and Iran offset a rebound from the United Arab Emirates where field maintenance had curbed output in December.

The Opec+ alliance has stuck to its production policy amid pressure from US President Donald Trump to lower crude prices by boosting output. “The members of the JMMC [Joint Ministerial Monitoring Committee] reaffirmed their commitment to the DoC (Declaration of Co-operation),

OPEC+, the group of oil-producing countries, is anticipated to stick to its current plan of gradually increasing output starting from April, according Reuters. This decision is expected to be confirmed in the upcoming meeting of the Joint Ministerial Monitoring Committee,

OPEC+ is likely to adhere to current plans to raise output gradually from April when a panel of top ministers meets on Monday, delegates from the producer group told Reuters, despite U.S. President Donald Trump urging OPEC to lower prices.