OPEC+ panel keeps oil output policy unchanged

04/08/2023 Argaam
Logo ofOPEC+

Logo of OPEC+

OPEC+ Joint Ministerial Monitoring Committee decided today, Aug. 4, to keep the oil output policy unchanged.

 

The panel confirmed the members' commitment to the declaration of cooperation after reviewing oil production data for May and June 2023.

 

The next meeting is scheduled for Oct. 4.

 

Saudi Arabia announced, on Aug. 3, that it would continue its voluntary oil production cut of one million barrels per day for at least one more month, to include September, a move which the Kingdom said could be “extended or deepened”.

Comments {{getCommentCount()}}

Be the first to comment

{{comment.FollowersCount}}
{{comment.CommenterComments}}

رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}

{{comment.DisplayName}} حساب موثّق

{{comment.ElapsedTime}}
{{comment.Replies.length}}
تعديل
loader Train
Report
loader Train
Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.