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Oil traders heads up: OPEC+ panel (JMMC) meeting shifted a day later (to August 3)

One for the oil folks. Reuters carried the snippet on Thursday that the OPEC+ group's Joint Ministerial Monitoring Committee (JMMC) panel will hold an online meeting on August 4, a day later than had been scheduled earlier.Reuters cite two unnamed OPEC+ sources.---The JMMC is an advisory committee, it won't make changes to output levels itself.The Committee monitors the compliance of the member (OPEC) and non-member (the "+" in "OPEC+") countries of OPEC with the production adjustments that they... Read More

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Posted: Jul 21 2023, 01:50

Author Name: forexlive

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