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OPEC+ JMMC panel meeting on Feb. 1 unlikely to recommend any changes to oil policy -five OPEC+ sources
OPEC+ JMMC PANEL MEETING ON FEB. 1 UNLIKELY TO RECOMMEND ANY CHANGES TO OIL POLICY -FIVE OPEC+ SOURCES
— *Walter Bloomberg (@DeItaone) January 24, 2023
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OPEC+ JMMC unlikely to recommend changes to output policy – Reuters
The Joint Ministerial Monitoring Committee (JMMC) of the Organization of the Petroleum Exporting Countries (OPEC) and allies led by Russia, known collectively as OPEC+, is unlikely to recommend any changes to oil output policy, Reuters reported citing five OPEC+ sources. OPEC+ is scheduled to meet next week, on February 1. Crude oil prices edged slightly higher on this headline. As of writing, the barrel of West Texas Intermediate (WTI) was trading at $81.85, where it was up 0.3% on a daily basis.
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- Posted: Jan 24, 2023 7:08am
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