OPEC+ confirms the next meeting will be on November 30 ...Middle East

The OPEC+ will indeed take place on November 30 - postponed from November 26th. Despite the announced meeting, the sellers remain in control. Oil prices are down by over 1% currently, continuing their losses from the previous session. The drop came after OPEC+ postponed their meeting, raising concerns that oil producers might implement smaller output cuts than previously expected. The delay was reportedly linked to smaller African producers within the group, easing some investor concerns. The uncertainty surrounding OPEC+ supply decisions coincided with data yesterday showing a significant increase in U.S. crude stocks by 8.7 million barrels yesterday much higher than the 1.16 million barr

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OPEC+ confirms the next meeting will be on November 30 ...Middle East

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