OPEC+ Ministers Urge Enhanced Maritime Security as Freight Rates Surge

• Tuesday, 13th October 2026
• by Fatma Ahmed

OPEC+ ministers have stressed the importance of safeguarding international maritime routes to ensure uninterrupted energy flows, warning that rising shipping and insurance costs are placing additional pressure on the ...

The Joint Ministerial Monitoring Committee Urges Protection of Energy Infrastructure

• Monday, 5th October 2026
• by Fatma Ahmed

The Joint Ministerial Monitoring Committee (JMMC) comprises Saudi Arabia, Russia, Iraq, Kuwait, Kazakhstan, Nigeria, Algeria and Venezuela, called for protecting international maritime routes and energy infrastructure...

OPEC’s JMMC Reaffirms Commitment to DoC

• Sunday, 6th August 2023
• by Fatma Ahmed

The Joint Ministerial Monitoring Committee (JMMC) of the Petroleum Exporting Countries Organization (OPEC) reviewed the crude oil production data for the months of May and June 2023, affirming their commitment to the ...

OPEC+ Alleviates Oil Production Cuts to 7.2 mmbbl/d

• Thursday, 3rd December 2020
• by Fatma Ahmed

The Organization of the Petroleum Exporting Countries (OPEC) and non-OPEC countries agreed to adjust oil production by 0.5 million barrels per day (mmbbl/d) from 7.7 mmbbl/d to 7.2 mmbbl/d, during its meeting held on ...