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 OPEC holds a meeting in Jeddah to monitor the production reduction agreement with the participation of Iraq DinarDailyUpdates?bg=330099&fg=FFFFFF&anim=1

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OPEC holds a meeting in Jeddah to monitor the production reduction agreement with the participation of Iraq

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 OPEC holds a meeting in Jeddah to monitor the production reduction agreement with the participation of Iraq Empty OPEC holds a meeting in Jeddah to monitor the production reduction agreement with the participation of Iraq

Post by claud39 on Sun May 19, 2019 8:44 am

OPEC holds a meeting in Jeddah to monitor the production reduction agreement with the participation of Iraq


19/05/2019


 OPEC holds a meeting in Jeddah to monitor the production reduction agreement with the participation of Iraq 15235





Economy News _ Baghdad




The fourteenth meeting of the Joint Ministerial Committee to monitor the reduction of production between the Organization of Petroleum Exporting Countries (OPEC) and countries outside the Organization of Petroleum Exporting Countries (OPEC) will be held in Jeddah on Sunday to discuss the situation of world oil markets, follow-up of the work of the Committee and the results of its decisions at previous meetings. The extent of the commitment of OPEC countries and their partners to the decision to reduce production, and to make recommendations before the meeting (OPEC +) in June.




The Joint Ministerial Committee is chaired by Saudi Arabia and Russia, and by the membership of Iraq, the United Arab Emirates, Kuwait, Algeria, Nigeria and Kazakhstan; the Committee works to monitor the production levels of the participating countries in order to stabilize the oil markets.




The meeting will be attended by energy and petroleum ministers from Oman, Bahrain, Venezuela, Libya, South Sudan, Azerbaijan, Brunei and OPEC.




The previous meeting of the Joint Ministerial Committee was held last March in the Azerbaijani capital of Baku, with the commitment of all participating countries to ensure the sustainable stability of the world oil markets, stressing the joint responsibility of all participating countries to maintain market stability.










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