Founders: Why would Opec increase supply now?

RE: analysis posted yesterday entitled: ING: Growing risk OPEC+ may abandon its output cuts.

Here is a little more color on what it could mean down the road from education and experience

Dealing With OPEC Non-Compliance

There's an interesting situation that plays out when oil prices drop, especially among OPEC, OPEC Plus, and non-OPEC members. The issue? Cheating. It’s not unusual for some OPEC members to cheat when the group announces production cuts. These cuts are meant to stabilize or raise oil prices, but some members—whether big players like Iran (used to) or smaller players (always)—pump more oil than they’re supposed to. The euphemism used for this behavior is “non-compliance”. In plain English, they cheat.

That is in part how the smaller producers “protest” when they feel the Saudi’s are getting too much marketshare of the total OPEC production pie.