- OPEC+ likely to roll over oil production policy this week - Reuters reports, citing three sources familiar with cartel’s thinking
Market news
30 August 2021
OPEC+ likely to roll over oil production policy this week - Reuters reports, citing three sources familiar with cartel’s thinking
According to the report, OPEC and its allies are likely to maintain their oil production policy, when they meet on Wednesday, September 1.
Sources told Reuters that OPEC+ would kick off with the planned 400,000 barrel per day (bpd) increase from September. "Current oil prices around $70 are okay. OPEC+ is likely to continue as planned with the increase of 400k bpd,” one source said.
Sources told Reuters that OPEC+ would kick off with the planned 400,000 barrel per day (bpd) increase from September. "Current oil prices around $70 are okay. OPEC+ is likely to continue as planned with the increase of 400k bpd,” one source said.
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