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Bloomberg: OPEC is likely to stick with its current supply policy at a review meeting

January 27, 2025 at 04:54PM
Oli traders:

Expect OPEC+ to stick with its currency supply policy at a review meeting next week

That would run counter to Pres.Trumps request to produce to lower the price and in turn give an incentive to end the war in Ukraine.

The current road map is for continued supply cuts this quarter, before gradually unwinding them from April.

This article was written by Greg Michalowski at www.forexlive.com.

Bloomberg: OPEC is likely to stick with its current supply policy at a review meeting