Reuters had previously quoted two sources as saying that the coalition will hold its meeting on oil policy scheduled for the first of December via the Internet, and that the group of producers is expected to discuss a new postponement of plans to increase production.
Sources said in OPEC+ He told Reuters last week that the coalition, which includes the Organization of the Petroleum Exporting Countries (OPEC) and allies such as Russia, may again postpone production increases amid weak global demand for oil.
When OPEC+ held its latest full-member oil policy meeting in June, most ministers attended online. However, a smaller group of eight countries implementing the latest round of voluntary production cuts held a last-minute in-person meeting in the Saudi capital, Riyadh.
A source in OPEC+ said that there is a possibility of holding a similar meeting this time in one of the Gulf countries, but there has been no circular regarding a plan for such a gathering, according to Reuters.
