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'Source' says OPEC+ unlikely to change policy at December meeting
Via Reuters, the newswire citing a "source with direct knowledge"
- Opec+ decision to meet virtually on Dec 4 signals little likelihood of policy change
- Opec+ virtual meeting puts focus on pending Russian oil price cap decision on Dec 5
The reasoning is that it's a virtual meeting so a change in policy (to pump more or less, both alternatives have been floated in the lead-up to this meeting) is unlikely. So, a bit of a placeholder meeting then.
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Posted: Nov 30 2022, 04:31
Author Name: forexlive
Views: 111412
