OPEC+ is set to hold an online joint ministerial monitoring committee (JMMC) meeting on 1/8/2024, to
review current market conditions and production policies.
This note delves into the following key aspects:
- Emirati President Sheikh Mohammad Bin Zayed’s (MBZ) views on OPEC+ production policy
- UAE's production quota
- The impact of idle production capacity on market dynamics as perceived by MBZ
The note also highlights Saudi Arabia's outlook on demand growth and global supply.
The summary is available to signed-in readers.
