64th Session of the Joint Ministerial Monitoring Committee
Summary of the 64th JMMC Meeting
The 64th session of the Joint Ministerial Monitoring Committee (JMMC) was held virtually on Sunday, February 1, 2026. During the meeting, the committee assessed crude oil output figures for November and December 2025, acknowledging that both OPEC and non-OPEC members involved in the Declaration of Cooperation (DoC) maintained overall compliance.
The JMMC emphasized the necessity of achieving complete compliance and making up for any shortfalls, and it examined the latest compensation plans. The committee also confirmed its ongoing commitment to overseeing the implementation of production adjustments established at the 38th OPEC and related meetings.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
--CMHC Says Canada Housing Starts Flat at 229,046 in August; Bloomberg Survey Saw at 240,000
RBC Capital Adjusts Pan American Silver PT to $56 From $65, Maintains Outperform Rating
10-Yr Benchmark Govt Yields - Germany vs Other Nations
--Barrington Downgrades CBIZ to Market Perform From Outperform
Crypto prices
More
