OPEC Invites U.S. Oil Official To Production Cut Meeting

OPEC will invite the U.S. oil regulator to take part in the emergency OPEC+ video meeting on Monday, a source involved in the preparation of the meeting told Russian news agency TASS on Friday. The OPEC+ group of producers will meet online on April 6 to discuss a possible massive production cut of around 10 million bpd, according to several media reports. However, the OPEC+ coalition would likely want all major producers in the world to take part in a collective cut, including producers such as the United States, Canada, Brazil, or Norway.…