OPEC+ Ministerial Monitoring Committee urged maintaining production volumes
@TellecheaRuiz
Published at: 01/02/2024 05:11 PM
With the objective of strengthening the stabilization of the global oil market, during the 52nd Meeting of the Joint Ministerial Monitoring Committee (JMMC) of the Organization of Petroleum Exporting Countries Plus (OPEC+), the alliance was urged to keep oil production volumes unchanged.
Through his account on the social network X, the Minister of Popular Power for Petroleum and president of the state oil company Petrleos de Venezuela (PDVSA), Pedro Rafael Tellechea, reported his participation in the meeting via videoconference.
“The behavior of the global oil market was analyzed with the objective of strengthening its stabilization in the face of a complex international context that requires cohesion and planning,” he said.
In the social network X account, PDVSA specified that “the JMMC reviewed the crude oil production data for the months of November and December 2023, and noted the high compliance of OPEC and non-OPEC countries with the Declaration of Cooperation.”
OPEC+ is made up of OPEC members and producer countries: Azerbaijan, Bahrain, Brunei, Kazakhstan, Malaysia, Mexico, Oman, Russia, Sudan and South Sudan.
Mazo News Team