OPEC+ Plans to Keep Oil Production Cuts Unchanged  ...Middle East

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OPEC+ Plans to Keep Oil Production Cuts Unchanged 
The OPEC+ group doesn’t have any plans to alter the current oil production policy and cuts when the alliance’s monitoring panel meets next week, OPEC+ delegates told Bloomberg on Friday. OPEC’s Joint Ministerial Monitoring Committee (JMMC), which takes stock of oil market developments and recommends actions to the full ministerial meetings, is scheduled to hold an online meeting on February 1. Part of the current oil production cuts only started at the beginning of January, so OPEC+ will need more time to review and assess what…

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