320-x-100_uti_gold.jpg" alt="Advertisement">
01-01-1970 12:00 AM | Source: Reuters
OPEC+ virtual meeting signals little likelihood of policy change ahead of Russian oil price cap decision
Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel
The OPEC+ decision to hold its Dec. 4 meeting virtually signals little likelihood of a policy change, a source with direct knowledge of the matter told Reuters on Wednesday.
A virtual meeting also puts the focus on the pending European Union deal on a price cap on Russian oil ahead of a Dec. 5 deadline imposed by the bloc for a full embargo on purchases of Moscow's seaborne crude.
"OPEC+ would rather sit on the bench at this time and assess the outcome of what happens on Monday," the source added.
Latest News
Evening Track : Gold prices steady amid softer U.S. ...
Government striving to make India food basket of wor...
Buy Crudeoil Above 5980 SL Below 5900 TGT 6100/6160 ...
``The Benefits of a Plant-Based Diet: Nourishing You...
RBI`s study : Lens on fiscal reforms amid likely fis...
Muthoot Pappachan Group`s Fourth-Generation Leaders ...
RBI MPC Minutes : Growth concerns, but divergence in...
Coffee, tea may protect against head & neck cancer: ...
Gold and Silver`s Outlook remains Positive for 2025
Would love to see Virat Kohli and Jasprit Bumrah pla...
