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OPEC+ JMMC likely to change compensation plan schedules– source
— PiQ (@PiQSuite) October 2, 2024
OPEC+ JMMC LIKELY TO CHANGE COMPENSATION PLAN SCHEDULES– SOURCE
**OPEC+ JMMC MEETING TO MAKE NO RECOMMENDATION ON OIL OUTPUT POLICY – SOURCE
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From opec.org|Oct 2, 2024The Joint Ministerial Monitoring Committee (JMMC) reviewed the crude oil production data for the months of July and August 2024 and current market conditions. During the meeting, the Republic of Iraq, the Republic of Kazakhstan, and the Russian Federation confirmed that they had achieved full conformity and compensation according to the schedules submitted for September. The three countries reiterated their strong commitment to maintaining full conformity and compensation throughout the remaining period of the agreement. The final assessments of September crude oil production levels will be based on the approved secondary sources providing data on production of countries participating in Declaration of Cooperation (DoC), which will be available by the second week of October 2024. The Committee noted the three separate technical workshops between representatives from the Republic of Iraq, the Republic of K post: #Opec +: The next meeting of the JMMC (57th) is scheduled for 01 December 2024. #oott https://t.co/kYFfWvXIPJ
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- Posted: Oct 2, 2024 9:08am
- Submitted by:Category: Low Impact Breaking NewsComments: 0 / Views: 3,791
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