OPEC+ to Call the Shots Live as Russia Backs In-Meeting Decision ...Middle East

OILPRICE - Economy
OPEC+ to Call the Shots Live as Russia Backs In-Meeting Decision
source : OILPRICE ( Middle East ) () 36
OPEC+ will make its August oil production decision on the fly during the upcoming July 6 meeting, Russia confirmed on Friday, suggesting there would be no pre-negotiating behind closed doors.   "We'll review it during the meeting, as is traditional," Russian Deputy Prime Minister Alexander Novak told reporters, adding to market anticipation ahead of the gathering. Eight OPEC+ nations—including Saudi Arabia, Russia, Iraq, and the UAE—have been incrementally unwinding 2.2 million barrels per day of voluntary cuts since April, with…

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