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Asharq Al-Awsat
Asharq Al-Awsat
Business
Asharq Al-Awsat

OPEC+ Says Additional Voluntary Oil Production Cuts Will Be 1.66 Mln Bpd

OPEC Oil Committee
The OPEC logo pictured ahead of an informal meeting between members of the Organization of the Petroleum Exporting Countries (OPEC) in Algiers, Algeria, September 28, 2016. (Reuters)

The 48th Meeting of OPEC’s Joint Ministerial Monitoring Committee (JMMC) was held via videoconference on Monday.

The Committee reviewed the crude oil production data for January and February 2023 and noted the overall conformity for participating OPEC and non-OPEC countries of the Declaration of Cooperation (DoC).

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