The forum led by HRH Prince Abdul Aziz Bin Salman, Saudi Arabia’s Minister of Energy and it co-Chairman, HE Alexander Novak, Minister of Energy of the Russian alliance was the 20th Meeting of the Joint Ministerial Monitoring Committee (JMMC) Wednesday, 15 July 2020.
It was affirmed at the conference that the production cut implemented in May had helped collect the oil market recovery in the oil economy.