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hemanthaa@mail.com

OPEC+ Meeting Tomorrow on Oil Production: only a miracle will change the status quo

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OPEC+ Meeting April

The monthly OPEC+ meeting for April, scheduled for tomorrow, appears to be a low-key event, as analysts believe that the status-quo will not change for the foreseeable future.

In all probability, Russia will be a winner, along with Kazakhstan, getting the approval for modest increase in production, as it happened twice before in these meetings.

Saudi Arabia still exercises caution and being the de factor leader of the organization, it just has to sneeze – for the rest, perhaps, apart from Russia, to catch the cold.

For more on that, please read here:

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