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[size=36]Leaks reveal the expected scenario of the (OPEC +) meeting[/size]
Economie| 10:13 - 03/10/2022
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Follow-up - Mawazine News
, "The Wall Street Journal" reported, quoting participants in the upcoming "OPEC +" meeting, that the coalition countries are considering reducing oil production by more than one million barrels per day to support energy markets.
The countries of the “OPEC +” group, which includes oil-producing countries from “OPEC” and outside, will hold a meeting in Vienna next Wednesday “for the first time since March 2020” since the outbreak of the Covid-19 epidemic.
And according to a statement on the group, representatives of the 13 member states of "OPEC" led by Saudi Arabia, and their ten allies led by Russia, are meeting, amid leaks that the group's countries are considering significant production cuts in the face of fears of a recession in the global economy.
Markets fear that a recession in the global economy will affect global demand for black gold, which will disrupt energy markets. Ended 29/N33
, "The Wall Street Journal" reported, quoting participants in the upcoming "OPEC +" meeting, that the coalition countries are considering reducing oil production by more than one million barrels per day to support energy markets.
The countries of the “OPEC +” group, which includes oil-producing countries from “OPEC” and outside, will hold a meeting in Vienna next Wednesday “for the first time since March 2020” since the outbreak of the Covid-19 epidemic.
And according to a statement on the group, representatives of the 13 member states of "OPEC" led by Saudi Arabia, and their ten allies led by Russia, are meeting, amid leaks that the group's countries are considering significant production cuts in the face of fears of a recession in the global economy.
Markets fear that a recession in the global economy will affect global demand for black gold, which will disrupt energy markets. Ended 29/N33
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