OPEC+ committee tight-lipped on 2021 oil cut guidance

摘要

London—OPEC and its allies will keep the oil market guessing for a few weeks on whether they will maintain their deep production cuts into 2021, as traders largely expect and ministers themselves have hinted. A key monitoring committee led by Saudi Arabia and Russia met Nov. 17 without making any policy recommendations, delegates told S&P Global Platts, despite reviewing proposals to postpone the OPEC+ alliance’s scheduled 2 million b/d easing of quotas by three or six months.