The OPEC+ alliance of major oil-producing nations has postponed a weekend meeting to December 5, 2025, in what analysts said were signs of disagreement among the group over plans to increase output.
The 22-member OPEC+ group led by Saudi Arabia and Russia was due to decide on its 2025 output policy at a ministerial meeting originally scheduled for Sunday.
But the Vienna-based Organisation of the Petroleum Exporting Countries said in a statement Thursday that the meeting was “rescheduled” to December 5 “as several Ministers will be attending the 45th Gulf Summit in Kuwait City.”
An OPEC spokesman told journalists that the December meeting would be held online.