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M e e t i n g o f t h e J o i n t M i n i s t e r i a l M o n i t o r i n g C o m m i t t e e



Meeting of the Joint Ministerial Monitoring Committee in St Petersburg, Russia

JMMC confident oil market

is steadily moving towards


The 24 participating oil producing countries (13 from OPEC, 11 non-

OPEC) of the ‘Declaration of Cooperation’ converged on Russia’s

cultural capital of St Petersburg on July 24, 2017, for the 4



of the Joint OPEC-non-OPEC Ministerial Monitoring Committee

(JMMC). The

OPEC Bulletin’s

Scott Laury reports.

On the panel (l–r): Khalid A Al-Falih, President of the OPEC Conference and Minister of Energy, Industry & Mineral

Resources, Saudi Arabia; Alexander Novak, Minister of Energy, Russian Federation; Issam A Almarzooq, Minister of Oil

and Minister of Electricity and Water, Kuwait; and Mohammad Sanusi Barkindo, OPEC Secretary General.

OPEC bulletin 8–9/17

C o n f e r e n c e N o t e s