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OPEC, non-OPEC panel unlikely to recommend further oil output hike - sources

Published 23/09/2018, 08:45
© Reuters. People look at flags ahead of  the OPEC Ministerial Monitoring Committee in Algiers

ALGIERS (Reuters) - A panel comprised of ministers from OPEC and allied oil producers meeting on Sunday is unlikely to recommend a further increase in crude production from that agreed in June, five OPEC and non-OPEC sources told Reuters.

The panel is also unlikely to decide how to distribute the output increase of 1 million barrels per day decided when OPEC and allied producers last met in June, sources said.

© Reuters. People look at flags ahead of  the OPEC Ministerial Monitoring Committee in Algiers

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