webvic-b

twitter linkedinfacebookacp contact us

Industry

During the 5th meeting of the Joint Ministerial Monitoring Committee (JMMC), hled in Vienna on 22 September 2017, Issam A. Almarzooq, minister of oil and minister of electricity and water in Kuwait and chairman of the JMMC, has said that the oil market situation has improved since the last meeting in St. Petersburg in July 2017

Brent crude oil prices have increased to the highest level in more than two years after an OPEC meeting in Vienna on 22 September 2017, at which producers stated that the global oil market is in a way of rebalancing

OPEC and participating Non-OPEC producing countries have recorded the highest conformity ever with their voluntary adjustments in production, achieving a level of 116 per cent, according to the Joint OPEC-Non-OPEC Ministerial Monitoring Committee (JMMC)

More Articles …