Some OPEC members are mulling suspending Russia's participation in the OPEC+ deal, which limits each member's crude production, the Wall Street Journal reported, citing an OPEC source.

Suspending Russia's role in the group could allow other members to increase oil production at a faster pace, although few OPEC members are considered capable of increasing production as fast as the current deal allows.

Removing Russia from the group may be more of a long-term or symbolic move, while much of the world still avoids Russian energy, with a few exceptions, namely China and India, which have increased their imports of Russian oil.

This has led to a drop in Russian crude production this year - about 8 percent, according to the WSJ - instead of the monthly increase allowed so far in the OPEC+ agreement.

The United States and other countries have repeatedly asked OPEC, particularly Saudi Arabia and the UAE, to increase oil production to reduce high oil and gasoline prices, but so far their requests have been ignored.

However, according to OPEC delegates, some members from the Persian Gulf are beginning to plan to increase production in the next few months.

OPEC+ production quotas will be completely cancelled starting in September, although the agreement runs through December.