OPEC says JMMC has no authority to decide on oil output levels

26/07/2025 Argaam
Logo of OPEC

Logo of OPEC

The OPEC Joint Ministerial Monitoring Committee (JMMC) does not have the authority to make decisions about oil production levels, the OPEC Secretariat said in a statement on July 25. 

 

It denied media reports that link the JMMC meeting, which is scheduled to meet on July 28, to oil output changes or voluntary adjustments are inaccurate.

 

The JMMC's mandate is limited to monitoring and reviewing, not decision-making, OPEC added.

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