The OPEC+ meeting, scheduled for Thursday, may be canceled due to problems with quota violations, Bloomberg reported, citing sources familiar with the situation
MOSCOW (Pakistan Point News / Sputnik - 03rd June, 2020) The OPEC+ meeting, scheduled for Thursday, may be canceled due to problems with quota violations, Bloomberg reported, citing sources familiar with the situation.
According to Bloomberg, the meeting is in doubt over "oil-quota cheating," and Russia and Saudi Arabia keep pressing other participants of the production cuts deal to comply with the obligations.