Oil Markets on Edge Ahead of Critical OPEC+ Meeting

Oil markets are now fully focused on the upcoming OPEC+ meeting, with reports that the group may deepen cuts being counteracted by an apparent lack of unity amongst OPEC members on the issue.Chart of the Week- As OPEC+ prepares for its meeting on November 26, African producers are tacitly lamenting the oil group’s recalibration of 2024 production targets that will curb the maximum amount Nigeria or Angola can produce.- Following tense negotiations in June, all African countries agreed they would be subjected to lower 2024 quotas unless they…