Next OPEC+ ministerial meeting planned for April: RIA
Tweet
Share
E-mail
FILE PHOTO - Journalists queue at the entrance of OPEC's headquarters ahead of an OPEC meeting in Vienna, Austria, November 30, 2017. REUTERS/Heinz-Peter Bader
MOSCOW (Reuters) - The next Joint OPEC-Non-OPEC Ministerial Monitoring Committee (JMMC) will be held in April in Saudi Arabia, Russian RIA news agency reported on Sunday, citing an OPEC statement.
It also said that compliance with the global oil production cut deal by OPEC and non-OPEC nations was at 129 percent in December and averaged 107 percent over the whole of last year.
Saudi Arabia's energy minister urged global oil producing nations on Sunday to extend their cooperation beyond 2018, but said this might mean a new form of deal rather than continuing the same supply cuts that have boosted prices in recent months.
(Reporting by Katya Golubkova; Editing by Susan Fenton)
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- US HHS launches initiative to improve response to missing autistic individuals
- German state politician calls for EU tariffs on Chinese hybrid cars, letter shows
- US finalizes deep Colorado River water cuts to California, Nevada and Arizona
Create E-mail Alert Related Categories
ReutersRelated Entities
OPECSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
