Saudi, Russian ministers hold bilateral meeting JMMC meets at 11 am local time (1000 GMT) OPEC meets at 3 pm (1400 GMT) Vienna — OPEC and its allies will discuss several proposals Thursday on their production cut accord, including one raised by Iraqi oil minister Thamir al-Ghadhban to deepen the output curbs by 400,000 b/d. But how exactly to share out up any extra cuts and for how long would still need to be worked out, sources familiar with the deliberations told S&P Global Platts. The sources said the additional cuts plus greater compliance by countries that have exceeded their production quotas, such as Iraq and Nigeria, could effectively take 700,000-800,000 b/d of crude off the market. They added that rolling over the current 1.2 million b/d cut agreement, which expires at the end of March, is also one of the possibilities under consideration. However, one Gulf delegate […]