OPEC+ technical meeting drags on amid cuts debate
LONDON/DUBAI/MOSCOW (Reuters) - An OPEC+ committee extended its meeting into a third day on Wednesday and would debate again on Thursday the need to cut oil output in response to the coronavirus' impact on energy demand and global economic growth.
Four sources familiar with the talks said the meeting on Wednesday ended with no concrete recommendation and one source said Russia was not supporting a deeper oil output cut and was suggesting an extension of the current pact.
(Reporting by OPEC team, Editing by Chizu Nomiyama)
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Trump: everybody is fully aware that Iran will agree to have major weapons inspections in order to ensure "nuclear honesty" long into future
- OPEC keeps oil demand growth forecast, sees no peak ahead
- Crude Inventory Fell 8.3 Million Barrels Last Week - EIA
Create E-mail Alert Related Categories
Commodities, ETFs, Reuters, RumorsRelated Entities
OPECSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!



Tweet
Share