The OPEC+ alliance should remain cautious at its upcoming meeting Jan. 4 because a new strain of the coronavirus that causes COVID-19, B117, is likely to weigh on global oil demand outlook at the beginning of 2021, the Algerian energy minister Abdelmadjid Attar said in a Dec. 27 interview with French daily El-Watan. Receive daily email alerts, subscriber notes & personalize your experience. Register Now The Joint Ministerial Monitoring Committee, co-chaired by Saudi and Russia, will convene virtually Jan. 4 to track compliance with quotas and advise on policy. OPEC+ ministers will also meet virtually after the JMMC meeting to decide on output volumes for February, in line with an earlier decision to make more gradual output adjustments. The […]