Saudi Arabia has invited the other members of oil output freeze agreement to consider increasing production in early 2021, but there is no consensus among OPEC+ because of uncertainty over the demand, a source in one of the OPEC+ delegations told Sputnik
MOSCOW (Pakistan Point News / Sputnik - 19th October, 2020) Saudi Arabia has invited the other members of oil output freeze agreement to consider increasing production in early 2021, but there is no consensus among OPEC+ because of uncertainty over the demand, a source in one of the OPEC+ delegations told Sputnik.
According to the source, some of the countries asked the OPEC+ monitoring committee to take into account risks that are posed by the coronavirus pandemic when discussing quotas.
The committee will convene later on Monday.
