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Commerzbank analyst Carsten Fritsch forecasts OPEC+ will only marginally raise oil production in April due to underproduction by Russia and supply constraints in Kazakhstan. This limited output increase is unlikely to pressure oil prices, which remain supported by geopolitical tensions and OPEC+ policy discipline. The analysis suggests sustained oil price stability amid global energy market uncertainties. For commodity markets, this implies continued investor focus on geopolitical risks and production decisions by key OPEC+ members.
