OPEC+ Delays Crude Production Talks to Dec. 5, Opts for Virtual Meeting

The OPEC+ coalition, consisting of the Organization of the Petroleum Exporting Countries and its allies, has rescheduled its meeting to determine the future strategy for crude production to December 5.

Initially slated for December 1, the meeting will now take place virtually next week. The sources requested anonymity due to the confidential nature of the discussions. This change underscores the ongoing deliberations within the group as they navigate the complexities of the current oil market landscape.