OPEC+ seen keeping oil output policy unchanged - OPEC+ sources

Market news

4 October 2021

OPEC+ seen keeping oil output policy unchanged - OPEC+ sources

Reuters reports that three OPEC+ sources said that OPEC and its allies are likely to stick to their existing agreement to add 400,000 barrels per day of oil to the market in November, despite pressure from consumers to cool a red hot market.

Ministers from OPEC+, are due to gather online at 13:00 GMT. An OPEC+ ministerial panel that monitors market developments, known as JMMC, meets before that.

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