OPEC+ to meet Tuesday amid concern about rising coronavirus cases
OPEC and its allies led by Russia will meet on Tuesday to discuss production policy amid upbeat forecasts for energy demand despite concerns about new coronavirus spikes in India, Brazil and Japan.
The group, known as OPEC+, will hold its joint ministerial monitoring committee (JMMC) meeting on April 27 instead of April 28 as planned earlier, according to three OPEC+ sources and an OPEC+ document seen by Reuters.
The sources said it was not yet clear if OPEC+ would hold a full ministerial meeting on Wednesday as had been planned or postpone it until the end of May as production policies have already been broadly agreed for the next three months.
