OPEC+ to Hold December 1 Oil Policy Meeting Online, Iran Seeks No Quota Limits

Nov 25, 2024, 12:40 PM

The Organization of the Petroleum Exporting Countries and its allies, known as OPEC+, has decided to conduct its upcoming oil policy meeting online on December 1, 2024, instead of the previously planned in-person gathering. This shift to a virtual format was confirmed by multiple sources, including delegates and two unnamed sources. Iran's Oil Minister has expressed the country's intention to strive not to accept limits on its oil production quota during this meeting.