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Vol. 25, No.49 Week of December 06, 2020
Providing coverage of Alaska and northern Canada's oil and gas industry


OPEC+ eyes 2021 plan

Production increase from cartel will create massive glut, Rystad says

Steve Sutherlin

Petroleum News

The Organization of the Petroleum Exporting Countries gathered in a virtual meeting Nov. 30 and was scheduled to meet Dec. 1 with its affiliated producing countries including Russia to decide the fate of the groupís scheduled Jan. 1 production increase of 2 million barrels per day. Analysts and trad....

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Production increase may create glut


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