More on the OPEC+ meeting this week – Saudi wants output cuts for longer

Reuters have a small item up also:

  • Saudi Arabia is prepared to support extending oil cuts by OPEC and allies into May and June and is also ready to extend its own voluntary cuts to boost oil prices amid a new wave of coronavirus lockdowns, a source briefed on the matter said on Monday.
  • “They don’t see demand as yet strong enough and want to prevent prices from falling,” 

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