OPEC+ committee to meet to discuss oil market situation amid planned production cuts

The OPEC+ Joint Ministerial Monitoring Committee (JMMC) is set to meet via video conference on Thursday to discuss the current state of the global oil market.

According to Report, which cites Interfax, the committee, co-chaired by the leaders of the deal, Russia and Saudi Arabia, will also review member countries' compliance with the agreed-upon production cuts for May and June.