OPEC+ Committee meeting is scheduled for next week - no change recommendation is expected
<p>OPEC's Joint Ministerial Monitoring Committee (JMMC) meets on April 3 2023. </p><p>At the previous JMMC meeting, which took place online on February 1, the Committee reaffirmed its commitment to the cut to overall production by two million barrels per day. A no-change recommendation is widely expected at next week's meeting. </p><p>The JMMC is an advisory committee, it won't make changes to output levels itself. That requires a full OPEC+ meeting, which is is not scheduled until June. Of course, its always possible that output levels can be changed between meetings but its not expected following the JMMC April 3 meeting. </p><p>Earlier posts on energy today:</p><ul><li><a href="https://ift.tt/XAUmJKx" rel="follow" target="_self" class="article-link vertical-align-baseline">ICYMI - Barclays highlights supply issue implying upside risk to its $92 Brent forecast</a></li><li><a href="https://ift.tt/p4Y8cJE" rel="follow" target="_self" class="article-link">ICYMI - EU energy ministers agree to extend gas demand cuts by a year</a></li><li><a href="https://ift.tt/QSsOW4V" rel="follow" target="_self" class="article-link">Private oil survey data shows huge crude oil inventory headline draw</a></li></ul> This article was written by Eamonn Sheridan at www.forexlive.com.
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