OPEC + Technical Committee meeting postponed to end of May

The next meeting of the OPEC + Technical Committee has been rescheduled, Report informs, citing TASS.

The meeting scheduled for May 25 will take place on May 31.

The OPEC + Technical Committee includes experts from the relevant ministries of the eight countries participating in the agreement. Experts meet every month in a video conference format and prepare an analytical report on the situation in the oil market for ministers.

Generally, experts submit two or more scenarios for market development by the end of the year.