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JMMC Ends Without Recommendation, OPEC Ministerial Meeting To Start

OPEC

Wires reporting that the OPEC+ joint ministerial monitoring committee (JMMC) meeting has ended without any recommendation according to an unnamed delegate.

  • The ministerial meeting of representatives from OPEC+ states is set to begin shortly.
  • Had been some speculation of a 500k bbl/d increase in production, but this was not forthcoming in the JMMC, still could be reached by ministers in their discussion.

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