OPEC Sends Official Invites for March Meeting: Delegates - Bloomberg:
OPEC sent out invitations for the meetings between the cartel and its allies on March 5 and 6, delegates said, signaling that plans for an emergency gathering have faded away.
The 23-nation coalition known as OPEC+ had already scheduled the conference for early March when it last assembled in December.
Saudi Arabia -- the Organization of Petroleum Exporting Countries’ biggest producer -- had pushed for an early meeting to consider deeper production cuts as Asia’s coronavirus pummels fuel demand. Russia, the most important ally in the broader alliance, resisted the initiative.
The invitations distributed this week confirm that the gathering will take place on the originally-scheduled dates.
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