OPEC+ Joint Technical Committee meeting postponed to May 31

The Organization of the Petroleum Exporting Countries and allies (OPEC+) has reportedly pushed back its Joint Technical Committee meeting, initially due to have taken place on May 25, has reportedly been postponed to May 31.

However, the cartel’s ministerial meeting will still take place as scheduled on Jun. 1, Yahoo reported.

The Joint Technical Committee hold its meetings via videoconference to review oil market conditions.