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International Business Times
International Business Times
Business
Pol-Malo LE BRIS

OPEC+ Expected To Extend Oil Supply Cuts

OPEC Oil Saudi Arabia
OPEC+ nations are currently holding back six million barrels of oil a day in efforts to prop up prices (Credit: AFP)

The OPEC oil cartel and its allies are expected Thursday to extend their supply cuts to avoid a sharp drop in prices in a global market awash in crude.

However, dissension that caused a delay in the meeting originally scheduled for Sunday has created some doubts about it being able to maintain the cuts that have propped up prices.

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