OPEC+ panel to meet amid oil price decline

OPEC+ panel to meet amid oil price decline

OPEC+ panel to meet amid oil price decline

OPEC+ panel to meet amid oil price decline

OPEC+ panel to meet amid oil price decline

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OPEC+ panel to meet amid oil price decline

The output reduction target is expected to stay at 7.7 million barrels per day

The group has called on Iraq and others to pump below their quota in September

Updated 17 September 2020

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DUBAI: OPEC and allies, led by Russia, are scheduled to hold an online meet on Thursday to discuss compliance with their agreed output cuts and demand trends amid falling oil prices and a faltering economic recovery outlook.

A panel of key producers including Saudi Arabia and Russia from the Organization of the Petroleum Exporting Countries and its allies, a group known as OPEC+, is expected to keep their current output reduction