[Analysis: The purpose of OPEC+'s production increase] What is the purpose of OPEC+'s production increase? There are several answers, and they may all make sense. Saudi Arabia, the de facto leader of OPEC+, is likely to force other member countries to comply with quotas through lower oil prices. Saudi Arabia may also try to meet US President Trump's price reduction requirements to some extent, which will help Trump fulfill his campaign promise to reduce energy costs, although the cost will also hurt the US oil industry. In addition, due to the high production costs of other major oil-producing countries such as the United States and Brazil, OPEC+ may also try to take advantage of low prices to reduce oil production in these countries. (Reuters columnist)
