the sun malaysia ipaper logo 150x150
Thursday, June 25, 2026
29.2 C
Malaysia
the sun malaysia ipaper logo 150x150

OPEC+ panel warns of virus impact, sees signs of decline in oil overhang

MOSCOW: An OPEC+ technical panel warned that a rise in coronavirus cases in some countries may curb oil demand despite signs of economic recovery and initial indications of a decline in oil stocks, according to an internal document seen by Reuters on Thursday.

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

STAY AHEAD OF THE CURVE

Join our community for instant updates and exclusive content.

Join Telegram Channel

Related


spot_img

Latest News

Most Viewed

spot_img
WC26

World Cup 2026

Updates, Fixtures, Results & Standings