OPEC+ said to discuss options that include rollover and gradual oil output increase later today

Reuters reports, citing sources familiar with the matter

A rollover of existing production cuts is what the market is largely expecting now but the question is, for how long and what are the terms. Reuters sources are saying that there may be a proposal for a gradual increase in output up to 500k bpd moving forward.

investingLive Premium
Telegram Community
Gain Access