New Delhi, Feb. 18 -- OPEC+ producers are not considering delaying a series of monthly oil supply increases that is scheduled to begin in April, Russian Deputy Prime Minister Alexander Novak said on Monday, Russia's RIA state news agency reported.

Bloomberg News reported on Monday, citing delegates, that OPEC+, which groups the Organization of the Petroleum Exporting Countries with Russia and other allies, was examining whether to postpone the supply increases, despite calls from U.S. President Donald Trump to lower oil prices.

Three OPEC+ delegates told Reuters that so far there had been no discussion on delaying the increase. One of them said the oil market may be able to absorb extra supply from April as a result of tougher sanctions...