Leading OPEC+ members have begun discussions about an oil output cut at the group’s next meeting on Oct. 5, three sources told Reuters. One OPEC source told Reuters a cut was “likely”, while two other OPEC+ sources said key members had spoken about the topic. A source familiar with Russian thinking told Reuters earlier this week that Moscow could suggest a cut of up to 1 million barrels per day (bpd). read more The latest comments suggest that key OPEC members have started communicating over the matter, although the volume of any potential cut is still unclear. Next week’s meeting takes place against a backdrop of falling oil prices from multi-year highs hit in March, and severe market volatility. OPEC+, which combines OPEC countries and allies […]