OPEC+ likely to roll over quotas at next week's meeting but could mull cut - report

  • It's cut or hold for OPEC

OPEC+ is likely to keep output unchanged for October, according to three sources cited by Rueters. However some of the sources wouldn't rule out a cut.

I think OPEC members like $100 oil and will try some jawboning after next week's meeting rather than taking action. They will also be waiting for news on any Iran deal, which looks less likely today.

WTI crude daily Sept 2

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