November 28, 2024 09:42 GMT
OIL: OPEC Announcement Indicates Lack of Group Cohesion
OIL
OPEC official release on the postponed meeting which indicates a lack of cohesion over cut unwinding plans:
- “The 57th Meeting of the Joint Ministerial Monitoring Committee (JMMC) and the 38th OPEC and non-OPEC Ministerial Meeting (ONOMM), originally planned for 1 December 2024, have been rescheduled to Thursday, 5 December 2024, via videoconference, as several Ministers will be attending the 45th Gulf Summit in Kuwait City, the State of Kuwait.” - OPEC
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