[size=36]A crucial meeting of "OPEC +" .. And these options are presented[/size]
This will be followed by tomorrow, Thursday, a meeting of the member states of the Organization of Petroleum Exporting Countries (OPEC), during which the recommendations of the ministerial committee will be analyzed, provided that the participating countries in the "OPEC +" alliance will hold a meeting on Friday to take a unified decision.
The meetings, to be held in Vienna, come at a sensitive time for the global oil markets, which witnessed sharp fluctuations during the last period due to the spread of the Corona virus in the world.
The OPEC + coalition will have to decide whether to respond to the consequences of the deadly virus and increase production cuts.
On the options that the coalition will discuss, two sources told Reuters that the OPEC + technical committee discussed a reduction in oil production ranging from 600 thousand to one million barrels per day, and recommended a reduction in production by at least 600 thousand barrels per day. End 29 / s