![The OPEC+ committee ‘closely assesses’ the market but makes no recommendations on oil quotas](https://market-tracker.in/wp-content/uploads/2022/09/crude-oil-prices-should-remain-soft-in-near-term-david-lennox-1.jpg)
The OPEC+ committee ‘closely assesses’ the market but makes no recommendations on oil quotas
A significant OPEC+ advisory group remained silent on production policy on February 1, thereby maintaining the present output restrictions. Under the co-chair ship of Saudi Arabia and Russia, the Joint Ministerial Monitoring Committee declared that it would “continue to closely assess market conditions” and that the 22-member producer coalition was prepared to modify output levels…