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Asharq Al-Awsat

Business

Asharq Al-Awsat

OPEC Holds Special Meeting to Ditch IEA Data

OPEC IEA International Energy Agency Rystad Wood Mackenzie

A 3D printed oil pump jack is seen in front of displayed stock graph and Opec logo in this illustration picture, April 14, 2020. REUTERS/Dado Ruvic/Illustration

OPEC on Thursday held a brief extraordinary meeting to ditch the International Energy Agency from its list of trusted data contributors, an OPEC source said on Thursday.

The meeting followed a regular policy decision meeting.

Earlier this week, OPEC experts recommended ditching the IEA and choosing consultancies Rystad and Wood Mackenzie instead.

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