KONTAN.CO.ID - DUBAI. A panel of OPEC+, a group of leading oil producing countries, will hold informal online talks on Saturday prior to meetings scheduled for next week, a letter seen by Reuters showed and source with the knowledge of the matter said. OPEC+ is debating whether to ease oil output cuts from Jan.1, as it previously agreed, or to continue producing at the same rate amid sluggish oil demand and fallout from the coronavirus pandemic. The letter from the OPEC, seen by Reuters, said Russian Deputy Prime Minister Alexander Novak will attend Saturday's informal consultations of the Joint Ministerial Monitoring Committee's heads.
OPEC+ panel to hold informal online talks on Saturday
KONTAN.CO.ID - DUBAI. A panel of OPEC+, a group of leading oil producing countries, will hold informal online talks on Saturday prior to meetings scheduled for next week, a letter seen by Reuters showed and source with the knowledge of the matter said. OPEC+ is debating whether to ease oil output cuts from Jan.1, as it previously agreed, or to continue producing at the same rate amid sluggish oil demand and fallout from the coronavirus pandemic. The letter from the OPEC, seen by Reuters, said Russian Deputy Prime Minister Alexander Novak will attend Saturday's informal consultations of the Joint Ministerial Monitoring Committee's heads.