OPEC+ postpones meeting to decide oil production strategy to Dec. 5, sources say
- OPEC has postponed its ministerial meeting from Sunday to December 5, as several Ministers will be attending the 45th Gulf Summit in Kuwait City.
- The OPEC+ coalition is currently undertaking three separate oil production cuts in response to uncertain demand.
- Eight OPEC+ members are voluntarily reducing production by 1.7 million barrels per day, while another cut of 2.2 million bpd is set to begin phasing out in December.
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Total News Sources0
Leaning Left5Leaning Right6Center9Last UpdatedBias Distribution45% Center
Bias Distribution
- 45% of the sources are Center
45% Center
L 25%
C 45%
R 30%
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