The Saudi-led OPEC oil cartel and allied producing countries, including Russia, are expected to decide how much oil to supply to the global economy amid weakening demand in China and uncertainty about the impact of new Western sanctions against Russia...
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OPEC+ Gathers to Decide Output, With Russia Oil-Price Cap LoomingDelegates and analysts said members of the group have been discussing three scenarios—keeping production the same, cutting output a little or even raising levels.
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OPEC+ will keep oil policy unchanged in review talks, sources sayOPEC+ will likely stick to its oil output targets when it meets on Sunday, five OPEC+ sources said on Saturday, a day after the Group of Seven (G7) nations agreed a price cap on Russian oil.
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