News about OPEC, oil

Highlights of the 37th OPEC non-OPEC Ministerial Meeting held 2 June 2024, via videoconference. pic.twitter.com/q3zoyyqnBX

Highlights of the 188th Meeting of the OPEC Conference, held 2 June 2024, via videoconference. pic.twitter.com/ZWxKGt2Nlx

In the ministerial meetings of OPEC and non-OPEC countries, voluntary adjustments that support the stability and balance of the oil market are studied and decided, based on the recommendations of the Joint Ministerial Monitoring Committee (JMMC). pic.twitter.com/YjgWgvhB03

OPEC+ has agreed to extend its production cuts into 2025, before some production will be restored in 2025. For now, we may see somewhat of a summer rise in oil prices, but we *maintain* the current GasBuddy 2024 Fuel Outlook forecast for #gasprices and diesel.