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OPEC postpones technical meetings to evaluate Omicron impact -Bloomberg News -Breaking

by Mike Robinson

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© Reuters. FILE PHOTO : This illustration shows a 3D-printed oil pump jack in front of the OPEC logo. It was taken on April 14, 2020. REUTERS/Dado Ruvic//File Photo

(Reuters) – OPEC is moving two technical meetings to later this week in order to give committees more time to evaluate the impact of the new Omicron coronavirus variant, Bloomberg News reported https://www.bloomberg.com/news/articles/2021-11-28/opec-moves-technical-meetings-for-time-to-review-market-rout?sref=SCAzRb9t on Sunday, citing delegates from some member countries.

Bloomberg reports that the Organization of Petroleum Exporting Countries has moved its meeting of its joint technical committee to Wednesday. According to Bloomberg, the meeting of the joint ministerial monitoring panel, which is made up representatives from the broader OPEC+ oil producer group, will take place on Thursday.

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