OPEC meets amid thin production capacity worries

Channel News Asia LogoChannel News Asia1 mo ago

OPEC meets amid thin production capacity worries

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LONDON: OPEC and OPEC+ began a series of two-day meetings on Wednesday (Jun 29) with sources saying chances of a big policy change look unlikely this month.

FILE PHOTO: A person operates a tap of crude oil during the destruction of Bakana ii illegal camp, in Okrika, Rivers state, Nigeria January 28, 2022.

Two other delegates said the issue of production post August could emerge but it was not clear what steps could be taken.

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OPEC meets amid thin production capacity worries - Channel News Asia (Picture 1)


Article Details

Category: Economy

Topics: Wednesday Output Opec Prices Raise Delegates August Meeting Opec+ Production Month

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2022-06-29, 20:16:00

News Timezone: GMT +8:00

News Source URL:

Language: English

Reading Time: 3 minutes read

Article Length: 395 words

Coverage Area: Singapore

Availability: Desktop Web, Mobile Web

News ID: 20204

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About Channel News Asia

Channel News Asia Logo

Main Topics: Economy

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Update Frequency: 61 posts per day

Year Established: 1999

Headquarters: Singapore

News Last Updated: 55m ago

Coverage Areas: Singapore

Ownership: Independent Company

Publication Timezone: GMT +8:00

News Language: English

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Publisher ID: #27

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