Oil Prices Dip Ahead Of OPEC+ Meeting ...Middle East

Economy by : (OILPRICE) -
Crude oil prices dipped in mid-morning trade in Asia earlier today as the market awaits the ministerial meeting of OPEC+ where the officials will discuss production policy. Most observers seem to expect no change to the current approach to price control although a couple of analysts have speculated that the Saudis might decide to start rolling back their voluntary production cuts. “The market will be eager to see if there are any signs of a change in the group’s output policy, given the recent strength in the market. We do not believe…

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