Lates News

The meeting of the Joint Ministerial Monitoring Committee (JMMC) of the Organization of the Petroleum Exporting Countries (OPEC) and its allies, including Russia, is scheduled to take place at 12:00 PM Greenwich Mean Time next Monday. Four OPEC+ sources told the media that the meeting is unlikely to change existing policy, which requires the 8 member countries to increase production by 548,000 barrels per day in August.