OPEC and its allies are not likely to decide whether to extend their oil production cuts until June, close to their scheduled expiry, Saudi energy minister Khalid al-Falih said Monday. Receive daily email alerts, subscriber notes & personalize your experience. Register Now Thus, the 24-country OPEC/non-OPEC coalition may cancel its planned April 17-18 meeting in Vienna, Falih said just before a six-country Joint Ministerial Monitoring Committee, which he chairs, began its deliberations. “The consensus from the bilateral [meetings] I had yesterday and this morning is that April will be premature to make any decisions for the second half [of 2019],” the minister told reporters. “It seems there is a consensus building towards making a decision in June [and] we need to reconsider a need for the April meeting.” Falih, who has said his preference is to maintain the coalition’s production cuts beyond their June expiry, added […]