OPEC+ to decide next phase of production policy

Oil producer club, OPEC and its allies will meet later today in a crucial meeting where the group will decide on the next phase of the production policy. OPEC+ initially agreed to cut oil production by a record of 9.7 million barrels per day last year, before easing cuts to 7.7 million and eventually 7.2 million from January. Ololade Olubi, Economist at Oando Energy Resources joins CNBC Africa for more.

Thu, 04 Mar 2021 11:54:43 GMT
Sign Up for Our Newsletter Daily Update
Get the best of CNBC Africa sent straight to your inbox with breaking business news, insights and updates from experts across the continent.
Get this delivered to your inbox, and more info about about our products and services. By signing up for newsletters, you are agreeing to our Terms of Use and Privacy Policy.