Sunday, July 26, 2026

Pre-OPEC Meeting Said to Have No Discussion of Oil-Output Limits

From Bloomberg The final preparatory gathering of officials from the Organization of Petroleum Exporting Countries before the ministerial meeting on June 2 didn’t discuss any limits on crude output, the latest signal that the group will stick to its current strategy of letting low prices eradicate a supply glut. Discussions at the Economic Commission Board in Vienna, at which representatives