UP

New countries to join OPEC+ monitoring committee

Home page Economy
12 Punto 14 Punto 16 Punto 18 Punto

The meeting of the OPEC/non-OPEC Joint Ministerial Monitoring Committee (JMMC) was successful, Minister of Energy, Industry and Mineral Resources of the Kingdom of Saudi Arabia Khalid Abdulaziz Al-Falih said at a press conference on the results of the 13th meeting of the OPEC/non-OPEC JMMC in Baku.

Axar.az reports that "we discussed a number of important issues. We decided to accept new members - Iraq, Kazakhstan, Nigeria, and the UAE," the minister said.

Moreover, as noted by Al-Falih, the next steps needed to stabilize the market were discussed.

The minister added that it does not make sense to hold the meeting in April and it may be canceled.

The 13th meeting of the OPEC/non-OPEC Joint Ministerial Monitoring Committee (JMMC) was held in Baku March 18. A day before the JMMC meeting, Baku hosted the 27th meeting of the Joint Technical Commission.

The meeting participants discussed the current state of the oil market, existing problems, and other issues.

The event then featured a presentation on the pace of oil market development and the report of the Joint Technical Commission on production figures for February.

Date
2019.03.18 / 17:21
Author
Axar.az
Comments
See also

Oil continues to rise in price

Oil started the week with this price

Oil ended the week at this price

Oil exceeded 85 dollars

Azerbaijan currency rates

Oil rose again

The price of oil today

Bitcoin hits new record level of $71,500

Oil rose again

Oil started the week with this price

Latest
Xocalı soyqırımı — 1992-ci il Bağla
Bize yazin Bağla
ArxivBağla