OPEC+ Delays Key Oil Policy Meeting to December 5

The OPEC+ group has decided to move the meeting on its near-term oil production plans to December 5 from December 1, due to a scheduling conflict, OPEC said on Thursday. The meeting will now take place on Thursday, December 5, via video conference, as several ministers will be attending the 45th Gulf Summit in Kuwait City on December 1, OPEC added in a brief statement about the change in schedule. At the December meeting, the members of the OPEC+ alliance are expected to discuss how to proceed with the oil production cuts in the new year. OPEC+…