Opec+ may meet this week if laggards agree to comply: Sources
LONDON/DUBAI/MOSCOW: Opec+ oil producers could still hold a virtual ministerial meeting this week if Iraq and others that have not fully complied with current oil supply cuts agree to boost their adherence, three Opec+ sources told Reuters on Thursday.
The Organization of the Petroleum Exporting Countries and its allies led by Russia, a group known as Opec+, are still debating when to hold their virtual ministerial meeting to discuss a possible extension of oil supply cuts.
A suggestion by current Opec president Algeria to hold the meeting on Thursday was held up by discussions over some countries’ poor level of compliance in May.
