An OPEC+ panel is likely to endorse the producer group's current oil output policy when it meets next week, five OPEC+ sources said on Tuesday, as hopes that improved Chinese demand would drive an oil price rally were balanced by economic concerns. Ministers from the Organization of the Petroleum Exporting Countries (OPEC) and allies led by Russia, known collectively as OPEC+, meet virtually on Feb. 1. The panel, called the Joint Ministerial Monitoring Committee (JMMC), can call for a full OPEC+ meeting if warranted. The meeting comes as the price of oil has rallied in 2023 towards $90 a barrel on hopes Chinese ... (full story)