OPEC postpones decision-making on 2021 production levels until December 1

Business & Economy November 30, 2020, 19:05

On that day, the meeting will involve non-OPEC countries

MOSCOW, November 30. /TASS/. The Ministerial Conference of OPEC countries decided to postpone decision-making on the mechanism for cutting oil production in early 2021 until December 1, when the meeting will be attended by non-OPEC countries, a source involved in the negotiations told TASS.

"Yes, they postponed it until Tuesday so as to discuss this with other countries," the source said adding that, formally, the meeting continues.

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