2025-04-08 06:50:00
OPEC+ RUSSIA INCREASING 0.4 MBD
OPEC - 5 April 2025 - The 59th Meeting of the Joint Ministerial Monitoring Committee (JMMC) took place via videoconference on Saturday, 5 April 2025.
The JMMC reviewed the crude oil production data for the months of January and February 2025 and noted the overall conformity for OPEC and non-OPEC countries participating in the Declaration of Cooperation (DoC).
The Committee valued the additional voluntary production adjustments made by the 8 OPEC plus countries which were announced in April and November 2023 in supporting market stability.
The Committee noted the countries that did not achieve full conformity and compensation and reiterated the critical importance of achieving full conformity and compensation in addition to submitting updated front-loaded compensation plans to the OPEC Secretariat by 15 April 2025. The Committee also reaffirmed that it will continue to monitor adherence to the production adjustments agreed upon at the 38th OPEC and non-OPEC Ministerial Meeting (ONOMM) held on 5 December 2024 and the additional voluntary production adjustments announced by some participating OPEC and non-OPEC countries as agreed upon in the 52nd JMMC held on 1 February 2024.
The JMMC retains the authority to convene additional meetings or to request an OPEC and non-OPEC Ministerial Meeting, as established during the 38th ONOMM held on the 5 December 2024.
The next meeting of the JMMC (60th) is scheduled for 28 May 2025.
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Earlier:
2025, March, 19, 07:00:00
OIL PRICE: BRENT ABOVE $70, WTI ABOVE $66
Brent fell 19 cents, or 0.3%, to $70.37 a barrel, WTI was down 20 cents, or 0.3%, to $66.70.
2025, March, 13, 06:55:00
OPEC+ OIL PRODUCTION WILL UP
Furthermore, the eight countries reiterated their collective commitment to full conformity with the additional voluntary production adjustments as agreed under the 53rd JMMC meeting on April 3, 2024. T
2025, February, 20, 06:45:00
BRAZIL, OPEC COOPERATION
OPEC welcomes the decision approved today by the National Energy Council of the Federative Republic of Brazil (CNPE) that formally paves the way for the participation of Brazil as a Member of the Charter of Cooperation (CoC) between oil producing countries.
2025, February, 13, 06:55:00
ПОСТАВКИ РОССИЙСКОЙ НЕФТИ
Россия не откажется от своих соглашений с дружественными странами.
2025, February, 7, 06:55:00
ОПЕК+ РОССИЯ: ВЫСОКИЙ УРОВЕНЬ
Стороны рассмотрели данные по добыче сырой нефти за ноябрь и декабрь 2024 года и отметили высокий уровень соблюдения обязательств странами ОПЕК и не-ОПЕК, участвующими в Декларации о сотрудничестве. Страны выразили приверженность Декларации о сотрудничестве, действие которой продлено до конца 2026 года.
2025, February, 7, 06:50:00
OPEC + RUSSIA: HIGH CONFORMITY
The JMMC reviewed the crude oil production data for the months of November and December 2024 and noted the high overall conformity for OPEC and non-OPEC countries participating in the Declaration of Cooperation (DoC). The improved conformity further reaffirms the DoC countries’ shared objectives of unity and cohesion.
2024, December, 13, 07:00:00
ОПЕК+ РОССИЯ: ОГРАНИЧЕНИЕ 2.2 МБД
Её участники договорились продлить дополнительные добровольные ограничения по добыче нефти на 1,65 млн баррелей в сутки до конца декабря 2026 года. Кроме того, эти восемь стран продлят дополнительные добровольные ограничения на 2,2 млн баррелей нефти в сутки до конца марта 2025 года.
2024, December, 13, 06:55:00
OPEC+ RUSSIA: ADJUSTMENTS 2.2 MBD
The meeting was conducted to reinforce the precautionary efforts of OPEC+ countries, aiming to support the stability and balance of oil markets. The aforementioned countries decided, in addition to the latest decisions from the 38th ONOMM, to extend the additional voluntary adjustments of 1.65 million barrels per day that were announced in April 2023, until the end of December 2026.
