会议召开之际，人们对中东可能发生军事冲突的担忧不断升级。薛珂 摘译自 OGJ
MARKET WATCH: Oil benchmarks drop ahead of OPEC meeting
Oil prices dropped on both the New York and London markets May 17, ending three sessions of gains. Analysts attributed the price drop to heightened the tensions and rising concerns about possible disruptions to oil shipments across the Middle East.
Meanwhile, oil investors and analysts waited to see if Saudi Arabia and other major oil producers will extend production-cut targets beyond June.
The Organization of Petroleum Exporting Countries and some non-OPEC countries, including Russia, met in Jeddah, Saudi Arabia, on May 19 to discuss production levels during an OPEC Monitoring Committee meeting.
A decision will be finalized by OPEC and its allies during a June meeting in Vienna. The group agreed in December 2018 to cut output by a total of 1.2 million b/d. On May 19, Saudi Energy Minister Khalid al-Falih told reporters that different production scenarios were discussed.
For most oil ministers, the scenario “that resonates is to roll over” production targets, al-Falih said, adding ministers “prefer the ‘wait’ position,” as they monitor world oil demand.
Russia Energy Minister Alexander Novak told reporters, “We are looking at various options [for the second half of 2019].”
The meeting came amid escalating concerns of a possible military conflict in the Middle East.