Opec+ Weighs Future Targets Amid Riyadh's Energy Summons
Friday, 31 May 2024, 17:13
In-depth Look at Opec+ Decision Making
In a recent development, Riyadh has summoned energy ministers to discuss the future targets set by Opec+. The move indicates a potential shift in the cartel's strategy towards sustainable oil production.
Key Points:
- Surprising Target: Opec+ weighs implementing a surprise target for 2025.
- Sustainability Concerns: Reassurance that the current 5.8mn barrels per day cuts are not permanent.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.