The OPEC+ Ministerial Monitoring Committee will discuss the current situation on the oil market at a meeting via videoconference on Monday, APA reports quoting TASS.
This time, only a meeting of the OPEC+ ministerial monitoring is planned. During such meetings, the state of the oil market is usually analyzed and recommendations for further actions of the entire OPEC+ alliance are determined. If necessary, the monitoring committee can request a general OPEC+ ministerial meeting.
The OPEC+ monitoring committee currently meets every two months, while ministerial meetings are held every six months. Both events were last held on December 5.
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