OPEC+ ministers to meet in person for the first time since March 2020
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Representatives of OPEC+ member countries will meet face-to-face at the organization’s headquarters in Vienna on October 5, the press service organizations. The meeting will be the first face-to-face OPEC+ meeting since March 2020, when the event was moved to a remote format due to the coronavirus pandemic.
As follows from the message, Vienna will host a meeting of the Ministerial Monitoring Committee and a meeting of ministers of the OPEC + member countries.
According to Reuters, OPEC + is discussing the possibility of reducing oil production in November by 0.5-1 million barrels per day to support the oil market. Formerly OPEC+ reduced oil production in the countries of the agreement for October by 100 thousand barrels per day.
More details – in the material “Kommersant” “Quotas were taken from the ceiling”.
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