OPEC talks about boosting production but they seem incapable of actually meeting their targets. February they boosted a fair bit, but still underran the target.
https://www.spglobal.com/commodity-i...sion-continues
https://oilprice.com/Energy/Crude-Oi...On-Russia.html
Upwards of 4.3mbpd is out of the market due to Russia's actions in Ukraine.