# Opec+  to discuss all options at March meeting, Saudi energy minister says | The National

> Saudi Arabia's energy minister said OPEC+ will discuss all options at its March meeting, when the current output agreement expires. He said Saudi Arabia is pumping 9.744 million barrels per day and that production in January and February will be reviewed.

- Date: 2020-01-23 · published 2020-01-23T12:00:00.000Z
- Category: geopolitics · region Global · magnitude low
- Page: https://feedsoft.ai/events/54973-opec-to-discuss-all-options-at-march-meeting-saudi-energy-minister-says-the
- Commodities: [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md), [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md)

## Why it matters

Uncertainty over whether OPEC+ extends or ends its cuts keeps crude price direction open, with a possible end to the cuts being bearish for oil.

## Read by commodity

- WTI: neutral
- BRENT: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| BRENT | 2020-11-30 | [Opec set for annual meeting to discuss next phase of oil production policy \| The National](https://feedsoft.ai/events/50063-opec-set-for-annual-meeting-to-discuss-next-phase-of-oil-production-policy-the.md) | +3.5% | +7.0% |
| BRENT | 2023-02-13 | [UAE energy minister: no need for early OPEC+ meeting](https://feedsoft.ai/events/37490-uae-energy-minister-no-need-for-early-opec-meeting.md) | -4.0% | -3.9% |
| BRENT | 2025-11-30 | [40th OPEC and non-OPEC Ministerial Meeting](https://feedsoft.ai/events/21869-40th-opec-and-non-opec-ministerial-meeting.md) | +0.7% | -1.8% |
| BRENT | 2022-08-22 | [Oil pares losses after Saudi oilmin says OPEC+ has options including cuts](https://feedsoft.ai/events/40195-oil-pares-losses-after-saudi-oilmin-says-opec-has-options-including-cuts.md) | +4.6% | -6.4% |
| BRENT | 2023-01-30 | [Putin, MBS Discuss Oil Strategy Ahead Of OPEC+ Meeting \| OilPrice.com](https://feedsoft.ai/events/37949-putin-mbs-discuss-oil-strategy-ahead-of-opec-meeting-oilprice-com.md) | -7.7% | -3.8% |
| WTI | 2020-11-30 | [Opec set for annual meeting to discuss next phase of oil production policy \| The National](https://feedsoft.ai/events/50063-opec-set-for-annual-meeting-to-discuss-next-phase-of-oil-production-policy-the.md) | +1.5% | +4.3% |
| WTI | 2023-02-13 | [UAE energy minister: no need for early OPEC+ meeting](https://feedsoft.ai/events/37490-uae-energy-minister-no-need-for-early-opec-meeting.md) | -4.3% | -6.3% |
| WTI | 2025-11-30 | [40th OPEC and non-OPEC Ministerial Meeting](https://feedsoft.ai/events/21869-40th-opec-and-non-opec-ministerial-meeting.md) | +2.7% | -1.1% |

## Sources

- thenationalnews.com: https://www.thenationalnews.com/business/opec-to-discuss-all-options-at-march-meeting-saudi-energy-minister-says-1.968045

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.