The OPEC ministerial committee and independent producers announced on Friday that the level of commercial oil inventories in industrialized countries reached 2.83 billion barrels in March 2018.
The Joint Monitoring Committee added that current commercial stocks remain above pre-market levels.
The committee said its next meeting would be held on June 21 in Vienna.
It added that it commissioned the OPEC Secretariat to consider the various metrics with in-depth analysis of market uncertainty factors.
SOURCE
The Joint Monitoring Committee added that current commercial stocks remain above pre-market levels.
The committee said its next meeting would be held on June 21 in Vienna.
It added that it commissioned the OPEC Secretariat to consider the various metrics with in-depth analysis of market uncertainty factors.
SOURCE