March 2, 2020 / 2:58 PM / a month ago

OPEC meetings to go ahead this week despite virus: sources

FILE PHOTO: The logo of the Organization of the Petroleum Exporting Countries (OPEC) on a flag at the oil producer group's headquarters in Vienna, Austria, December 7, 2018. REUTERS/Leonhard Foeger/File Photo

(Reuters) - OPEC and its allies will meet as scheduled in Vienna on March 5-6 to decide whether to extend oil output cuts beyond their March expiry and whether to deepen the reduction, two sources said on Monday.

A number of events including oil conferences have been postponed due to the coronavirus outbreak. But the Organization of the Petroleum Exporting Countries is sticking to its plan to host the meeting, the sources said.

Reporting by Reuters; Editing by Edmund Blair

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