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An OPEC+ ministerial panel monitoring the group’s oil supply reduction deal will hold its next virtual meeting on Aug. 19, a day later than previously planned, three OPEC+ sources told Reuters.
The reason for the date change was not mentioned.
OPEC+ has been cutting output since May to tackle the fallout from the COVID-19 pandemic.
Last month the Joint Ministerial Monitoring Committee (JMMC) recommended that the cut be eased from Aug. 1 to about 7.7 million barrels per day (bpd) from a reduction of 9.7 million bpd previously, in line with an earlier OPEC+ agreement.
