The next meeting of the OPEC + Technical Committee has been rescheduled for May 25 but will take place on May 31.
The OPEC + Technical Committee includes experts from the relevant ministries of the eight countries participating in the agreement. Experts meet every month in a video conference format and prepare an analytical report on the situation in the oil market for ministers. Generally, experts submit two or more scenarios for market development by the end of the year. This report is the basis for the decision of the ministers to reduce or increase oil production.