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. On Thursday, OPEC’s top producer and de facto leader Saudi Arabia called for the emergency meeting of OPEC+ and “another group of countries” to try to find “a fair solution” to the current market imbalance, after U.S. President Donald Trump said that he hoped and expected that Saudi Arabia and Russia would “cut back approximately 10 […]