Oil edges lower as focus turns to OPEC response to Trump’s call for more output - MarketWatch

1. Oil futures stabilized after recent low settlements amid OPEC+ meeting anticipation. 2. Trump urged OPEC+ to increase production, impacting market sentiment and expectations. 3. OPEC+ plans to unwind production cuts by 2.2 million bpd starting in April. 4. Bearish momentum gaining strength as OPEC+ responds to external production pressures. 5. UAE will also increase output by 300,000 bpd from April to September 2026.