OPEC+ to keep oil output policy steady on Wednesday, source says
An OPEC+ meeting on Wednesday will not make any decisions on oil output policy, a source told Reuters while an online meeting of the countries was under way.
A separate meeting on Saturday of eight OPEC+ countries is expected to decide on an increase in oil output for July, sources earlier told Reuters.
Wednesday's meeting is set to adopt a mechanism for deciding OPEC+'s baselines for 2027 production, two other sources said.
(Reporting by Alex Lawler, Ahmad Ghaddar, Olesya Astakhova, Maha El Dahan and Yousef Saba, Editing by Kirsten Donovan)
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