(UPDATED) PREVIEW: JMMC and OPEC+ on Wednesday 5th October from 13:00BST/08:00EDT
SourceNewsquawk
SectionMarket Analysis
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- OPEC+ is likely to agree to cut oil output, with expectations ranging from 0.5-2.0mln BPD; more recent expectations tilt towards the top end of the range.
- The JMMC is set to meet at 13:00BST/08:00EDT, with the OPEC+ ministerial meeting slated for around 13:30BST/08:30EDT. A press conference is then expected to take place (time TBC).
- Expectations thus far point to a smooth meeting