OPEC+ keeps production quota unchanged as crude oil prices near $90 per barrel
The Joint Ministerial Monitoring Committee (JMMC) of the Organisation of Petroleum Exporting Countries (OPEC) and its allies led by the ...
Tag: JMMC
Riyadh Economic Conference: Nigeria signs MoU with Saudi Arabia on oil and gas cooperation
Their discussions focused on strategic initiatives to boost cooperation, ensuring that oil production harmonizes with global demands.
Nigeria’s oil Minister, Timipre Sylva, appointed Special Envoy by OPEC’s JMMC
Timipre Sylva has been appointed by the JMMC of OPEC as Special Envoy to some participating countries.
Outcome of OPEC’s Joint Ministerial Monitoring Committee
The cumulative OPEC+ cut in August and September would be some 8.4million bpd.
OPEC’s influence on the Oil Markets
OPEC has been regarded as a cartel and has acted as a cartel of late.
