Delegates expect OPEC+ to keep oil policy steady at Feb. 1 JMMC meeting

An OPEC+ panel is likely to recommend keeping the group's current oil output policy when it meets this week, two OPEC+ delegates told Reuters on Monday.

Ministers from the Organization of the Petroleum Exporting Countries (OPEC) and allies led by Russia, known collectively as OPEC+, meet virtually on Feb. 1 at 1100 GMT. The panel, called the Joint Ministerial Monitoring Committee (JMMC), can call for a full OPEC+ meeting if warranted.