There is an OPEC+ (JMMC) meeting scheduled for today, to review current market conditions ...Middle East

No recommendations for broader policy changes are anticipated.

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This includes

reviewing monthly production levels,ensuring that member countries adhere to agreed production cuts or increases,and making recommendations to the broader OPEC+ group on adjustments to production targets.

It conducts a review of the oil markets every two months and has the authority to call for a full OPEC+ meeting if it decides one is needed.

This article was written by Eamonn Sheridan at www.forexlive.com.

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