OPEC+ Joint Ministerial Monitoring Committee (JMMC) meeting - July 2026
The OPEC+ Joint Ministerial Monitoring Committee, which reviews members' compliance with production agreements but holds no authority to set output quotas itself, convened on 28 July 2026. Ahead of the meeting the OPEC Secretariat stated that the committee does not hold decision-making authority over production levels and that its role is limited to reviewing conformity. The next OPEC+ producers' meeting is scheduled for 2 August 2026.
Recorded figures
- Status
- Convened 28 July 2026; no production-level decision issued
- Reason
- The JMMC reviews members' conformity with production agreements and holds no authority to set output levels, as the OPEC Secretariat stated ahead of the meeting
- next meeting
- OPEC+ producers meeting scheduled for 2 August 2026
As of Jul 29, 2026
Sources
Cited Jul 6, 2026
The OPEC Secretariat clarifies that the Committee, scheduled to convene on 28 July, does not hold decision-making authority over production levels. Its role is limited to reviewing conformity.
Cited Jul 29, 2026
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