Two questions stand out after the decision by OPEC+ to accelerate increases in crude oil output: who is going to buy the extra crude, and will the group actually export the additional barrels they say they are going to produce?

The increase, which the group said was a response to “a steady global economic outlook,” was higher than some analysts expected and could lead to lower oil prices.

Oil prices receded in early trading on Monday after members of the Opec+ producer group on Saturday agreed to a larger than had been expected supply increase amid concerns over demand.