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OPEC+ JMMC doesn't recommend any change in oil policy - OPEC+ delegate
— FinancialJuice (@financialjuice) April 3, 2024OPEC+ JMMC DOESN'T RECOMMEND ANY CHANGE IN OIL POLICY - OPEC+ DELEGATE.
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— FinancialJuice (@financialjuice) April 3, 2024OPEC+ RENEWS REQUEST FOR BETTER COMPLIANCE WITH OUTPUT CUTS.
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53rd Meeting of the Joint Ministerial Monitoring Committee
The 53rd Meeting of the Joint Ministerial Monitoring Committee (JMMC) took place via videoconference on Wednesday, 03 April 2024. The JMMC reviewed the crude oil production data for the months of January and February 2024 and noted the high conformity for participating OPEC and non-OPEC countries of the Declaration of Cooperation (DoC). The Committee welcomed the Republic of Iraq and the Republic of Kazakhstan pledge to achieve full conformity as well as compensate for overproduction. The Committee also welcomed the announcement by the Russian Federation that its voluntary adjustments in the second quarter of 2024 ... (full story)
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#OPEC+: The Committee will continue to closely assess market conditions and noted the willingness of the DoC countries to address market developments and their readiness to take additional measures at any time building on the strong cohesion between OPEC and participating… https://t.co/f851vBKGiP
— Giovanni Staunovo(@staunovo) April 3, 2024