Russia is not ready to discuss changes to the ongoing OPEC+ oil production cuts before the Joint Ministerial Monitoring Committee (JMMC) next week, Russia’s top oil diplomat Alexander Novak told news agency Interfax on Tuesday. The monthly meeting of the JMMC panel is set for November 17, and Russia’s key partner in the deal, OPEC’s leader Saudi Arabia, said earlier this week that the pact could be changed . JMMC doesn’t have the authority to change a deal, but it can recommend actions to the full OPEC+ meeting scheduled for December 1. “I would go and argue it could be a tweak even beyond what the so-called analysts are talking about,” Saudi Arabia’s Energy Minister, Prince Abdulaziz bin Salman, told the ADIPEC conference on Monday. The OPEC+ group is currently cutting 7.7 million bpd of its collective production, with Russia and Saudi Arabia cutting the most. The current plan […]