OPEC+ Members Consider New Production Cuts Amidst Low Oil Prices.
TL;DR Summary
Saudi Arabia will implement new voluntary cuts as part of an OPEC+ deal, while the group is expected to agree on a policy roll over until 2023 and make additional cuts in 2024 if new production baselines for members are agreed.
- Saudi to make new voluntary cuts as part of OPEC+ deal Reuters
- OPEC+ Sticks to Oil Output Target After Members Clash Over Quotas - WSJ The Wall Street Journal
- OPEC+ meets to debate production quotas, new cut: Sources CNBC
- With oil prices slumping, OPEC+ producers weigh more production cuts The Associated Press
- Saudis plan new unilateral output cut: Opec+ delegates Forex Factory
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