OPEC+ assembly confirmed to be rescheduled to five December

The official excuse is that the assembly is moved because of the Gulf Summit going down in Kuwait on 1 December. However studying between the traces, maybe some members want extra convincing in reaching a standard floor to resolve what to do subsequent on coverage. As issues stand, the deliberate oil output hike might be because of begin in January. However we may see that timeline get kicked down the highway, with the choice needing to be made within the coming week.

This text was written by Justin Low at www.ubaidahsan.com.



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