Via Reuters, the newswire citing a “source with direct knowledge”
Opec+ decision to meet virtually on Dec 4 signals little likelihood
of policy change
- Opec+ virtual
meeting puts focus on pending Russian oil price cap decision on Dec 5
The reasoning is that it’s a virtual meeting so a change in policy (to pump more or less, both alternatives have been floated in the lead-up to this meeting) is unlikely. So, a bit of a placeholder meeting then.