Several ministers from the Organization of the Petroleum Exporting Countries and allies led by Russia, or OPEC+ as the group is known, held an online joint ministerial monitoring committee meeting (JMMC) on Wednesday.
“The JMMC emphasized the critical importance of achieving full conformity and compensation,” OPEC said in a statement after the meeting. “Furthermore, the Committee will continuously assess market conditions.”
Oil prices dropped below $70 a barrel in September for the first time since 2021 but have since rallied above $75 on concerns a possible escalation in the Middle East following Iran’s military attack on Israel could disrupt output from the region.
Bu hikaye Millennium Post Delhi dergisinin October 03, 2024 sayısından alınmıştır.
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Bu hikaye Millennium Post Delhi dergisinin October 03, 2024 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
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