OPEC+ decisions are purely technical to strike balance between supply, demand

by gulftimes


Sun, 2022-10-16 20:32

ALGIERS: OPEC Secretary-General Haitham Al-Ghais said on Sunday OPEC+ decisions were purely technical, and that the producer group took a pre-emptive decision referring to production cuts. 

Responding to a question about reviewing the decision, he said “there is always a space for flexibility” in the oil producers’ alliance.

He was speaking at a press conference in Algeria. Al-Ghais said there are other oil producing nations who want to join the alliance.

Main category: 
Business & Economy



Source link

You may also like

Leave a Comment