OPEC+ likely to meet online on June 1: Report

15/05/2024 Argaam
Logo of OPEC

Logo of OPEC

The Organization of Petroleum Exporting Countries and its allies (OPEC+) may hold its next production policy meeting online on June 1 instead of meeting in Vienna, as is currently scheduled, Reuters reported citing sources familiar with the matter.

 

Russian Deputy Prime Minister Alexander Novak earlier said that OPEC+ agreed to act on oil production if necessary.

 

The alliance, which includes Russia, is expected to keep production policy unchanged at the next meeting.

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