Home All producers at JMMC to exceed voluntary output adjustments in coming months
FXStreet News

All producers at JMMC to exceed voluntary output adjustments in coming months

The recently published OPEC+ JMMC statement read that all countries at JMMC said that they would exceed their voluntary output adjustments in coming months.  

Key quotes (via Reuters)

  • Recognized critical uncertainties in oil market.
  • OPEC+ JMMC sees overall February output cuts conformity at 90%.
  • Will hold next meeting in Jeddah in May.

FX Street

FX Street

FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions.