OPEC+ ministerial panel to meet on Sept. 12

25 Jul, 2019

The Joint Ministerial Monitoring Committee, which includes Saudi Arabia and non-OPEC Russia, observes oil-market developments and can make a recommendation to the countries signed up to the deal, a group known as OPEC+.

OPEC+ agreed at its last policy-setting meeting this month to keep a deal to cut oil output by 1.2 million barrels per day in place until March 2020 to support the market.

A day before the JMMC, a technical panel called the JTC will hold its meeting, the sources said.

Copyright Reuters, 2019

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