Reuters reports, citing three sources with knowledge of the matter
Adding that OPEC+ has the option of just rolling over existing production quotas in the upcoming meeting tomorrow. Now, that is an interesting one.
The expectation is that they will at least ease some of the production cuts and quite frankly, I don't see the above as being a plausible scenario - as much as it may be on the table.
Given the higher prices, there's little doubt that many producers want to keep the taps open as much as they can for as long as they can.
