OPEC+ Postpones Key Meeting to November 30
Crucial OPEC+ Gathering Shifts Dates for Deeper Oil Market Talks
The OPEC+ alliance has shifted its crucial policy meeting in Vienna from November 25-26 to Thursday, November 30, 2023, as announced on the agency’s website.
The rescheduling impacts the 187th OPEC Conference, the 51st Joint Ministerial Monitoring Committee (JMMC) Meeting, and the 36th OPEC and non-OPEC Ministerial Meeting (ONOMM).
Comprising 13 Member Countries, OPEC+ aims to coordinate petroleum policies to maintain oil market balance.
Sources suggest the delay provides nations with additional time to discuss compliance with existing output cuts and potential new measures. Stay tuned for updates on this significant development.