OPEC+ will take a more hands-on approach to global oil markets now that it plans to meet more frequently, Bloomberg has reported , citing the leaders of the group, Saudi Arabia and Russia. “We are meeting monthly because we believe that the market is still not recovered and is still extremely volatile,” Russian Deputy Prime Minister and former Energy Minister Alexander Novak said. “We need to adopt a hands-on approach and be able to react faster.” This denser meeting schedule will also help OPEC+ get the upperhand in directing oil markets over speculators, according to Saudi Arabia’s Energy Minister Abdulaziz bin Salman. “We are on the same page in our commitment,” bin Salman said following a meeting with Novak in Riyadh this weekend. “This creates a unique platform for dialogue and cooperation among oil producing countries, at the ministerial and technical levels, in the interest of both oil producing […]