OPEC+ unlikely to decide oil policy on Feb 1, will wait several weeks – source

INA-source
PEC+ will likely decide its oil production levels for April and beyond in the coming weeks, OPEC+ sources said, adding that a meeting of a key ministerial panel next Thursday would take place too early to take decisions on further output policy.


Leading ministers from the Organization of the Petroleum Exporting Countries (OPEC) and allies led by Russia, known as OPEC+, will meet online. The panel, named the Joint Ministerial Monitoring Committee (JMMC), can call for a full OPEC+ meeting or make recommendations on policy.
Source- reuters