The Joint Monitoring Committee (OPEC members Algeria, Kuwait and Venezuela, & non-OPEC Russia and Oman) meet Friday 22 September 2017

  • While its a monitoring (of compliance with agreed to cuts) committee, discussion will not skirt possible extension &/or deepening of production cuts. Extension discussions will likely dominate.
  • Its not likely agreement will be reached on any extension meeting though
  • We'll have to get the next full OPEC summit (scheduled for November 30) out of the way first

For a (much) more detailed preview check this out at RAN: Preview: OPEC/non-OPEC Joint Ministerial Monitoring Committee Meeting, Friday 22nd September 2017

Well worth your time if you are an oil trader