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Oil: OPEC+ seen holding November quotas steady at Sunday meeting, delegates say
Key OPEC+ members are likely to keep crude production quotas steady for November when they meet this weekend, according to two delegates who spoke to Bloomberg. Nations led by Saudi Arabia and Russia, having nominally completed the reversal of supply cuts made in 2023, will probably ratify their existing roadmap and leave targets unchanged for the month. OPEC+ statements point to Sunday, October 4 for the next meeting. The expected rollover follows a similar decision earlier this month. On September 6, the seven core members, Saudi Arabia, Russia, Iraq, Kuwait, Kazakhstan, Algeria and Oman, agreed at a virtual ... (full story)
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- Sep 29, 9:01pm | 5 hr ago Posted byFundamental Analysis1839
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