OPEC+ JMCC Committee Recommends 2 Million Bpd Production Cut ...Middle East

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OPEC+ JMCC Committee Recommends 2 Million Bpd Production Cut
source : OILPRICE ( Middle East ) () 18
The Joint Ministerial Monitoring Committee (JMMC) of the OPEC+ group recommended on Wednesday that the alliance cut 2 million barrels per day (bpd) of production for November, according to various sources after the committee’s meeting ended. The full OPEC+ ministerial meeting begins shortly. Earlier reports suggested that OPEC+ would discuss a production cut of between 500,000 bpd and 1 million bpd at today’s meeting. Most analysts were leaning toward predicting a 1 million bpd cut. Then on Tuesday, more reports emerged that OPEC+ could…

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