OPEC+ Gathers in Riyadh to Decide on Extending Oil Production Cuts
TL;DR Summary
Several OPEC+ ministers are heading to Riyadh for a meeting to decide on oil production policy for 2024 and possibly 2025, with discussions expected to include extending deep production cuts and debating members' production capacities.
- Some OPEC+ ministers heading for Riyadh for oil output meeting, sources say Reuters
- OPEC+ seen prolonging cuts in 2024 and into 2025, two sources say Reuters
- Oil producers led by Saudis face a decision on whether to extend production cuts as oil prices lag The Hill
- U.S. crude oil posts worst month since November ahead of weekend OPEC+ meeting CNBC
- OPEC to Meet Amid Signs of Waning Influence on Oil Prices The New York Times
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