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OPEC+ ministers meeting to be held on March 5-6

The Ministers Meeting is expected to be preceded by the OPEC+ technical committee’s meeting

MOSCOW, February 19. /TASS/. The OPEC Secretariat has sent a formal invitation for the Ministers Meeting on March 5-6, 2020 to countries participating in the OPEC+ oil production capping deal, sources in delegations told TASS on Wednesday.

"Yes, we have received the invitation for March 5-6 today," two sources said. The third source noted that these dates remained unchanged in the official schedule of the secretariat.

The Ministers Meeting is expected to be preceded by the OPEC+ technical committee’s meeting, where experts will assess the market once again. Their report will then be considered by the OPEC+ Joint Ministerial Monitoring Committee. OPEC+ ministers will then make final decisions on the basis of the Committee’s recommendations.