An OPEC+ panel is likely to recommend keeping the oil producer group's current output policy unchanged when it meets this week. OPEC+ agreed in October to cut its production target by 2 million barrels per day, about 2% of world demand, from November until the end of 2023.

OPEC+ seen sticking with oil output policy at February 1st meeting

Posted On: February 28, 2023

< 1 minute read

An OPEC+ panel is likely to recommend keeping the oil producer group’s current output policy unchanged when it meets this week. OPEC+ agreed in October to cut its production target by 2 million barrels per day, about 2% of world demand, from November until the end of 2023.