Sources: OPEC JMMC discussed insufficient oil output cuts in Iraq and Nigeria - TASS

Dhwani Mehta FXStreet

The Russian news agency, TASS, quotes sources with the knowledge of the discussion, as saying that OPEC Joint Ministerial Monitoring Committee (JMMC) discussed insufficient oil output cuts in Iraq and Nigeria.

Nothing further is reported on the same.

Meanwhile, both crude benchmarks are seen defending the bids, in anticipation of the OPEC meeting’s outcome.

WTI drops back below $ 56 ahead of OPEC meeting

Author

Dhwani Mehta

FXStreet

Residing in Mumbai (India), Dhwani is a Senior Analyst and Manager of the Asian session at FXStreet. She has over 10 years of experience in analyzing and covering the global financial markets, with specialization in Forex and commodities markets.

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