Business Standard

OPEC ministers unlikely to make specific call to extend oil cuts - sources

Image

Reuters VIENNA

VIENNA (Reuters) - A meeting on Friday of several ministers from OPEC and other oil producers is not likely to make a specific recommendation on extending a deal to cut output beyond the March 2018 expiry, two OPEC sources told Reuters.

The meeting of the Joint Ministerial Monitoring Committee, which is overseeing the OPEC-led supply cut pact, had not yet finished when the sources spoke. A source said the gathering in Vienna was expected to end shortly.

(Reporting by Reuters team in Vienna; Editing by Edmund Blair and Jason Neely)

Disclaimer: No Business Standard Journalist was involved in creation of this content

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Sep 22 2017 | 5:01 PM IST

Explore News