OPEC readies for ‘critical’ meeting, decision on oil output cuts
June 21, 2019 at 15:40 PM EDT
The meeting of the Organization of the Petroleum Exporting Countries and its allies in early July is coming at a particularly important and volatile time for oil. Prices have been supported by major producers’ output cuts, growing tensions in the Middle East, but also pressured by forecasts of a slowdown in global demand.