JMMC supports 400k bpd planned OPEC+ increase - report

Report from Energy Intel

Citing sources, Amena Bakr from energy Intel says the JMMC supports no change to the planned 400k bpd increase in December.

A separate report said OPEC+ ministers are expecting a short meeting. They will start up after the JMMC.

WTI remains strong, up $1.95 to $82.81.

Update: Another report says a proposal to raise output by 600-800k bpd is not on the agenda.

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November 05, 2021 at 01:52AM
Adam Button
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