OPEC+ to Hold In-Person Oil Meeting Next Week in Vienna

The 23-nation group has not met in person since March 2020
It’s still unclear if Russia will send any representatives

Goldman's Currie: Oil Market Will Continue to Tighten

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By Salma El Wardany, Ben Bartenstein, and Grant Smith

October 1, 2022 at 6:47 AM UTC

Updated on

October 1, 2022 at 12:37 PM UTC

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OPEC+ plans to hold its first in-person meeting next week since March 2020 as the cartel weighs cutting oil production to stem a recent slump in prices.

The 23-nation alliance, led by Saudi Arabia and Russia, is scheduled to meet on Wednesday at its headquarters in Vienna, according to a statement from OPEC’s secretariat. Not all countries may be able to send representatives because of the short notice, delegates said privately.