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OPEC+ Concerned About Balancing Oil Markets
October 19th, 2020 - 10:30 GMT

OPEC+ Concerned About Balancing Oil Markets

In some ways, the Joint Ministerial Monitoring Committee (JMMC) of the OPEC+ alliance of OPEC countries and their 10 non-OPEC allies, lead by Russia, was an easy meeting because the September compliance with the 7.7 million barrels per day (bpd) production cuts was very good indeed: One hundred and five percent for OPEC, and 103 percent for OPEC+ according to the group, and 101 and 99 percent compliance according to ...
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